Economics of marinised offshore charging stations for electrifying the maritime sectorShow others and affiliations
2022 (English)In: Applied Energy, ISSN 0306-2619, E-ISSN 1872-9118, Vol. 322, article id 119389Article in journal (Refereed) Published
Abstract [en]
Electrification of international maritime transport, despite rapidly falling battery prices and improvements in battery technologies, remains constrained by midway charging, as the range of electric ocean-going vehicles is limited on a full charge. Before countries pour trillions of dollars of investment, this study is commissioned as the first attempt to investigate the economics of offshore marinised charging stations for enabling long-distance shipping by full-electric vessels. Three offshore power generation technologies, namely, wind, solar, and floating nuclear power plants, are compared to demonstrate the economics of offshore charging stations. Compared to conventional vessels using bunker fuels, full-electric vessels are cost competitive even under the assumed first-of-a-kind costs. Among the three offshore power sources compared in this study, a marinised charging station with floating nuclear power plant is shown to be the most cost-competitive. Despite the absence of a pilot project, the technoeconomic parameters as assumed in this study serve as important reference indicators for decision makers to consider when building an ecosystem for sustainable international shipping. © 2022 Elsevier Ltd
Place, publisher, year, edition, pages
Elsevier Ltd , 2022. Vol. 322, article id 119389
Keywords [en]
Cost benefit analysis, Electric vehicle, Floating nuclear power plant, International shipping, Marinised offshore charging station, Offshore renewable energy
National Category
Energy Systems
Identifiers
URN: urn:nbn:se:mdh:diva-59453DOI: 10.1016/j.apenergy.2022.119389ISI: 000820052500001Scopus ID: 2-s2.0-85132217416OAI: oai:DiVA.org:mdh-59453DiVA, id: diva2:1678654
2022-06-292022-06-292022-07-13Bibliographically approved