OFWIC - Deniz Ozkan

Offshore Wind Integrated Cost - OFWIC

Publicly available financial assessment methodologies for offshore wind systems provide only an incomplete - and likely inaccurate – measure of the cost of energy.  Existing cost models in the public domain use fixed design assumptions that ignore optimization necessary for site-specific conditions; complex financing structures; and impacts of site-specific deregulated power networks on actual revenues, penalty costs, and avoided emissions. Furthermore, uncertainty is generally not well characterized in such models.

To read more.

Links to several websites including wind, offshore wind, renewables, environment, etc.

Offshore wind energy is the generation of electricity from wind turbines placed in open sea. Today worldwide installed offshore wind capacity has  surpassed 2,000 MW. By the end of 2009, there were 44 projects online in 13 countries almost all of which were located in Europe. Europe plans to meet 20% of its total energy demand from renewable sources by 2020. To read more.




Offshore Wind Energy

For the last 4 years, I’ve been working on my dissertation under the guidance of my advisor Prof. Michael R. Duffey at the George Washington University. 

This page is prepared to give some information about

· Offshore wind Energy and

· My Research

Financial Analysis and Cost Optimization of Offshore Wind Energy   under Uncertainty and in Deregulated Power Markets

Offshore Wind Energy Poster



Credit: GE

Worldwide online and proposed offshore wind power plants:

US, UK, Denmark, Germany, Belgium, Netherlands, China, Others.




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