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    • Αποθετήριο Ανοικτού Πανεπιστημίου Κύπρου (Repository of the Open University of Cyprus)
    • Μεταπτυχιακές διατριβές / Master Τhesis
    • Διοίκηση Επιχειρήσεων (ΕΛΛ + ΑΓΓ) / (MBA) Master of Business Administration (in Greek and English)
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    A deep dive to the decommissioning of Borssele 1+2 offshore wind farm

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    MBA-2022-00944.pdf (1.298Mb)
    Date
    2022-05
    Author
    Seiragakis, Michael
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    Abstract
    Offshore wind is playing a crucial role to the energy transition worldwide with the power capacity installed annually being increased exponentially. Several countries rush to develop offshore wind projects to meet their energy targets to comply with the different climate convention’s agreements without looking into the after-operations period. This forces project developers to secure unrealistic budgets for decommissioning works and paying excessive bank guarantees. This study firstly analyses the current framework under which a project developer could apply for a permit for decommissioning works and the available market knowledge for this kind of activities. Subsequently, evaluates the process of decommissioning an offshore wind farm and tries to optimise it wherever possible and allowed by the regulations. Efficiency and effectiveness are the main objectives of all involved stakeholders while the regulatory, environmental, health and safety and public acceptance requirements will be respected. A project team is composed, roles and responsibilities are assigned to be able to accomplish such a demanding assignment. Finally, a budget estimation following a selected decommissioning strategy is made showing that the initial budget estimation could be reduced by 20% when the processes are optimised and agreements are made with the government. All data generated and analysed during this study can be provided upon request.
    URI
    http://hdl.handle.net/11128/5255
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    • Διοίκηση Επιχειρήσεων (ΕΛΛ + ΑΓΓ) / (MBA) Master of Business Administration (in Greek and English)

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    Open University of Cyprus

    PO Box 12794,

    2252, Latsia

    Cyprus

    Tel.: +357 22 411600

    Fax.: +357 22 411601

    • Help
    • Contact Us
    • Open University of Cyprus
    • OUC Library
    • Policies
    • Accessibility and Data Protection

    Find us on:

    • FacebookFacebook
    • EU Flag
    • Republic of Cyprus
    • Structural Funds
    • e University
    • Open University of Cyprus

    The eUniversity Project is co-founded by the European Regional Development Fund and National Funds in the Programmatic Period 2007-2013