In the past few years, advanced technologies such as floating offshore wind turbines (FOWT) and wave energy converters (WECs) have been developed. As demonstrated by the innovative hybrid platform Poseidon, the feasibility of combining floating wind turbines and wave energy converters has already been explored. Furthermore, diversification of offshore renewable energy technologies reduces power fluctuations and lowers investment costs. This paper focuses on the development of an integrated wind and wave platform and the creation of a numerical model to evaluate the system performance for the Belmullet site. The novel concept consists of the semi-submersible Nautilus platform, integrated with four-point absorbers. A hydro-servo-aero time-domain model, combining WEC-Sim with an in-house wind turbine model, simulated the device motion and estimated the power generated. The performance of the Wave Energy Converters (WECs) was optimised based on their Power Take Off (PTO) damping. Finally, the hybrid concept was compared with the simple FOWT concerning the energy produced, Levelized Cost of Energy (LCOE) and hydrodynamic stability. The hybrid configuration proved to be a promising solution with 10% lower LCOE and improved hydrodynamic stability evaluated in terms of nacelle acceleration and platform pitch motion. These results show that wind and wave could be one of the best solutions for the future of the marine energy sector and the energy transition.

The role of ocean energy is expected to grow rapidly in the coming years, and techno-economic analysis will play a crucial role. Nowadays, despite strong assumptions, the vast majority of studies model costs using a top-down approach (the TdA) that leads to an unrepresentative economic model. WEC developers usually go through the the TdA approach because more detailed cost data are not available at an earlier design stage. At a very advanced design stage, some studies have also proposed techno-economic optimisation based on the bottom-up approach (BuA). This entails that the detailed cost metrics presented in the literature are very specific to the WEC type (hence not applicable to other cases) or unrepresentative. This lack of easily accessible detailed cost functions in the current state of the art leads to ineffective optimisations at an earlier stage of WEC development. In this paper, a BuA for WECs is proposed that can be used for techno-economic optimisation at the early design stage. To achieve this goal, cost functions of most common components in the WEC field are retrieved from the literature, exposed, and critically compared. The large number of components considered allows the results of this work to be applied to a vast pool of WECs. The novelty of the presented cost functions is their parameterization with respect to the technological specifications, which already enables their adoption in the design optimisation phase. With the goal of quantifying the results and critically discuss the differences between the TdA and the BuA, the developed methodology and cost functions are applied to a case study and specifically adopted for the calculation of the capital cost of PeWEC (pendulum wave energy converter). In addition, a hybrid approach (HyA) is presented and discussed as an intermediate approach between the TdA and the BdA. Results are compared in terms of capital expenditure (CapEx) and pie cost distribution: the impact of adopting different cost metrics is discussed, highlighting the role that reliable cost functions can have on early stage technology development. This paper proposes more than 50 cost functions for WEC components. Referring to the case study, it is shown that while the total cost differs only slightly (11%), the pie distribution changes by up to 22%. Mooring system and power take-off are the cost items where the TdA and the HyA differ more from the BuA cost estimate.

The access to the offshore wind resource in the deep sea requires the development of innovative solutions which reduce the cost of energy. Novel technologies propose the hybrid combination of wind and wave energy to improve the synergy between these technologies sharing costs, such as mooring and electrical connexion. This work proposes a novel hybrid wind and wave energy system integrating a floating offshore wind turbine with three-point absorbers wave energy converters (WECs). The WECs are an integral part of the floating structure and contribute significantly to the hydrostatic and dynamic stability of the system. Their geometry is optimised considering a cylindrical, semi-cylindrical and spherical shape for the Pantelleria case study. The cylindrical shape with the largest radius and the lowest height is the optimal solution in terms of reducing structural costs and maximising the performance of the WECs. The in-house hydrostatic stability tool and the time domain model MOST are used to optimise the WECs, with a combined meta-heuristic genetic algorithm with the Kriging surrogate model and a local Nelder–Mead optimization in the final simulations. The power of the WECs is estimated with both linear and variable motor flow hydraulic PTOs to obtain a more realistic electrical power generation. Generally, the hybrid device proved to be more competitive than the floating wind turbine alone, with a LCOE reduction up to 11%. Performance of the hybrid device can be further improved when more energetic sites are considered, as the energy generated by the WECs is higher.

Floating offshore wind is a promising renewable energy source for several Mediterranean Countries. The exploitation of this resource will contribute to reducing carbon dependence and support the clean energy transition towards a climate neutral Europe. This work presents a novel methodology for estimating spatially-resolved Levelised Cost of Energy and offshore wind energy potential to provide optimal design of floating offshore wind farms in the Mediterranean Sea. For the first time, each site is optimised based on electrical grid cable design and wind farm layout optimisation using the Jensen wake model. The largest technical capacity potentials are obtained in Libya, Tunisia, Italy and Greece, accounting for 72.2 % of the total Mediterranean potential with a total installed capacity of 782 GW. The average LCOE is 93.4 €/MWh and the average capacity factor is 31.8 %, while 67.5 % of the technical potential has LCOE below 90 €/MWh which demonstrates that floating offshore wind in the Mediterranean could become soon competitive with other renewable energies. Optimal floating wind farm design parameters show the prevalence of a wind farm array of 10x10 wind turbines with a preferred rated power of 15 MW and the HVDC export cable connection. Among the selected floating platforms, Hywind outperforms WindFloat and GICON-SOF in 59.2 % of the suitable areas due to the lower structure material. Policymakers and stakeholders will primarily benefit from this study, which provides them with important information for careful marine spatial planning and the development of floating offshore wind farms in the Mediterranean.