Techno-Financial Analysis of Hybrid Offshore Solar-Wind Farms: A Business-Case Assessment

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Recording of Tuesday, May 06, 2025 | The smarter E Europe Conferences 2025 | Conference Program | Language: English | Duration: 12:40 .

Hybrid Offshore Solar Wind Park in Dutch North Sea Promises 15% More Electricity with Minimal Curtailment, Says DMEC Analysis

Sarah Kluge from the Dutch Marine Energy Centre (DMEC) presented a techno-financial analysis of a hybrid offshore solar wind park. DMEC is an accelerator for renewable energy innovations, focusing on minimizing environmental impact and enhancing biodiversity through projects like offshore solar, wave, and tidal energy. The case study discussed involves a planned wind farm in the Dutch North Sea with 705 megawatts capacity using IEA's 15-megawatt turbines. A key focus was determining optimal solar capacity to minimize curtailment while maximizing production; this led to recommending adding 700 megawatts of offshore solar alongside the wind setup. Technically, integrating solar can increase annual exported power by 15% with only minimal curtailment and reduced export variability during summer months when winds are weaker but sunlight is abundant. Financially, challenges include higher LCOE compared to onshore scenarios due to CAPEX costs around two million euros per megawatt and varying electricity prices affecting payback periods significantly—highlighting stable revenue schemes as crucial for project viability over its projected timeline of twenty-five years.

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Speaker

Sarah Kluge
Project Manager
Dutch Marine Energy Centre
The Netherlands

Talk of session: Floating Solar Power: Cost Savings & Reliability - How to Prevent Your Business Case from Failing

Floating solar holds significant potential in regions with abundant water bodies, but practical challenges and high costs have tempered expectations in Europe. While technological advancements are gradually improving feasibility, and companies are even looking for new solutions, such as hybrid-offshore systems, navigating the complexities of deployment, reliability, and financing remains critical for long-term success. This session will discuss: Overview of floating PV market developments Challenges, lessons learned and innovative approaches Environmental implications of FPV applications Technology innovations & standardization developments Cost reduction strategies and financing solutions.

Further Talks of this session:

Welcome & Introduction

Speaker

Michele Tagliapietra
Head of Product Management Floating-PV
BayWa r.e.
Belgium

To Talk

PV Market Overview & Technology Update

Speaker

Dr. Thomas Reindl
Deputy CEO, Solar Energy Research Institute of Singapore (SERIS), National University of Singapore (NUS) Cluster Director,
Solar Energy Systems
Singapore

Recording of presentation not authorized for publication.

EU Fpv Offtake Opportunities: Are Current Policies Really Helping?

Speaker

Michele Tagliapietra
Head of Product Management Floating-PV
BayWa r.e.
Belgium

To Talk

Model to Predict Impact of Floating Solar on Water Quality, Based on Collected Data

Speaker

Dr. Wilma Eerenstein
Owner / Senior Consultant
Renergize Consultancy
The Netherlands

To Talk

New DNV Design Standards for Floaters and Mooring

Speaker

Jasper Lemmens
Senior Consultant
DNV Netherlands B.V.
The Netherlands

To Talk

Scalability of Floating Solar Projects in Diverse Regions: Key Strategies for Success

Speaker

Vincent Grumetz
EMEA Managing Director
Ciel & Terre International
France

Recording of presentation not authorized for publication.

Q&A Session

To Talk

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