Techno-Economics of Offshore Renewable Energy

Gao and Ertugrul have produced a timely and authoritative work that fills a critical gap in the literature on offshore renewable energy. This book stands out for its rigorous yet accessible treatment of the technical and economic dimensions of offshore wind, wave energy, and energy storage systems. By combining in-depth technical insights with real-world data, cost analyses, and global case studies, the authors provide a holistic framework that is both academically sound and practically relevant. The book’s integrated focus on techno-economic evaluation makes it a valuable resource not only for engineers and researchers, but also for policymakers, financiers, and decision-makers in the renewable energy sector. It equips readers with the tools and understanding needed to assess the feasibility and sustainability of offshore energy solutions in a real-world context. This is an essential reference for anyone serious about contributing to the future of clean, ocean-based energy systems. I highly recommend it to professionals, researchers, and students alike. Michael Negnevitsky, Professor, Chair in Power Engineering and Computational Intelligence at University of Tasmania, AustraliaThis beautiful book by Gao and Ertugrul is very timely. Pushing the paradigm shift of designing and deploying hybrid energy farms that can make use of the common infrastructure built for wind to bring to maturity technologies that are less developed such as wave energy converters and offshore storage is what the community needs to hear right now, and is partly reflected in recent developments with offshore wind tenders where synergy is explicitly pursued, especially in Europe. Furthermore, the book itself is an absolute treasure trove of information presented in a systematic and comprehensive manner. As such, it will be very useful for teachers of ocean renewable energy technologies and new students entering the field. Antonis I. Vakis, Full Professor at University of Groningen, NetherlandI am delighted to endorse the book Techno-Economics of Offshore Renewable Energy: Wind, Wave, Energy Storage and Systems Integration by Dr. Qiang Gao and Dr. Nesimi Ertugrul. Most of existing books in this field typically focus on either the technical or economic side of offshore energy. Fortunately, this book arrives at a critical and timely moment in the emerging phase of offshore renewable energy development. By offering both deep technical analysis and thorough economic assessment — supported by detailed case studies — the authors ensure readers gain a systematic, integrated understanding of offshore wind, wave, and storage systems. This comprehensive approach is essential for driving forward innovation, improving deployment strategies, and shaping the future development of the field. This book will serve as an invaluable resource for engineers, researchers, and policymakers seeking to advance next-generation offshore renewable energy solutions. Jia Mi, Assistant Professor at Stevens Institute of Technology, USA