Posters
Come meet the poster presenters to ask them questions and discuss their work
We would like to invite you to come and see the posters at our upcoming conference. The posters will showcase a diverse range of research topics, and will give delegates an opportunity to engage with the authors and learn more about their work. Whether you are a seasoned researcher or simply curious about the latest developments in your field, we believe that the posters will offer something of interest to everyone. So please join us at the conference and take advantage of this opportunity to learn and engage with your peers in industry and the academic community.
On 9 April at 17:15, we’ll also hold the main poster session and distinguish the 7 best posters of this year’s edition with our traditional Poster Awards Ceremony. Join us at the poster area to cheer and meet the laureates, and enjoy some drinks with all poster presenters!
We look forward to seeing you there!
PO119: Enhancing PPA bid Competitiveness in Clustered Offshore Conditions using Climate Change models
mouhamet Diallo, wind and solar expert, Tractebel
Abstract
Offshore wind energy is essential for the global transition to renewable energy, with the European Union aiming for 450 GW of offshore wind capacity by 2050. However, space constraints force the clustering of wind farms, amplifying inter-farm wake effects that reduce wind resource availability and, consequently, project profitability. The rise of power purchase agreements (PPAs), particularly fixed-shaped baseload PPAs, offers a solution for reducing volume risks. However, these agreements place pressure on sellers to accurately forecast hourly production profiles in complex offshore conditions. This study presents a novel methodology to improve the competitiveness of fixed-shaped PPA bids by incorporating future climate scenarios into hourly production forecasts. The methodology is validated using data from an undisclosed real offshore wind farm. Our approach involves downscaling CMIP6 climate scenarios using the Weather Research and Forecasting (WRF) model coupled with the Fitch Wind Farm Parameterization (WFP) to estimate future wake effects and their impact on hourly power production. We validate the results over a real offshore wind farm by comparing production profiles derived from the WRF model with actual power output. The financial impact is assessed through a fixed-shaped PPA applied to the wind farm, calculating settlement amounts based on both historical and climate-adjusted generation profiles. Preliminary results show that adjusting generation profiles for future climate conditions improves the accuracy of forecasts, leading to a 6% increase in average weekly selling prices under the PPA. This approach reduces exposure to fluctuating market prices, making PPA bids more competitive. The study highlights the importance of considering climate impacts in offshore wind projects, offering a pathway to enhance project profitability while mitigating financial risks. This research provides actionable insights into improving PPA competitiveness in offshore wind projects, demonstrating the financial benefits of integrating climate-adjusted production profiles into fixed-shaped PPAs.
No recording available for this poster.
