Due to the high cost and complex challenges faced by offshore wind power transmission, economic research into offshore wind power transmission can provide a scientific basis for optimal decision-making on offshore wind power projects. Based on the analysis of the topology structure and characteristics of typical wind power transmission schemes, this paper compares the economic benefits of five different transmission schemes with a 3.6 GW sizeable onshore wind farm as the primary case. Research includes traditional high voltage alternating current (HVAC), voltage source converter high voltage direct current transmission (VSC-HVDC), a fractional frequency transmission system (FFTS), and two hybrid DC (MMC-LCC and DR-MMC) transmission scenarios. The entire life cycle cost analysis model (LCCA) is employed to thoroughly assess the cumulative impact of initial investment costs, operational expenses, and eventual scrap costs on top of the overall transmission scheme’s total cost. This comprehensive evaluation ensures a nuanced understanding of the financial implications across the project’s entire lifespan. In this example, HVAC has an economic advantage over VSC-HVDC in the transmission distance range of 78 km, and the financial range of a FFTS is 78–117 km. DR-MMC is better than the flexible DC delivery scheme in terms of transmission capacity, scalability, and offshore working platform construction costs in the DC delivery scheme. Therefore, the hybrid DC delivery scheme of offshore wind power composed of multi-type converters has excellent application prospects.
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