Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A review
To mitigate the impact of climate change, a transition to renewables in the energy sector is needed. Offshore wind energy is a promising renewable technology that is developing at an unprecedented rate. However, the offshore wind industry is material intensive, and there are concerns about its end-o...
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| Language: | English |
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Elsevier
2024-11-01
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| Series: | Heliyon |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844024156083 |
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| author | Pankaj Ravindra Gode Arild Aspelund |
| author_facet | Pankaj Ravindra Gode Arild Aspelund |
| author_sort | Pankaj Ravindra Gode |
| collection | DOAJ |
| description | To mitigate the impact of climate change, a transition to renewables in the energy sector is needed. Offshore wind energy is a promising renewable technology that is developing at an unprecedented rate. However, the offshore wind industry is material intensive, and there are concerns about its end-of-life strategies and that we might end up exchanging a climate challenge with a material challenge. The question is whether there are available, mature, and commercially viable solutions for offshore wind companies that want to adopt a circular economy. This study offers an exhaustive review of the academic literature on eight existing and emerging circular economy strategies for the offshore wind industry – lifetime extension, reuse, remanufacturing, refurbishing, repurposing, modularisation, repowering and recycling, and classifying them according to the technology readiness level/strategy assessment framework. The systematic literature review identified 66 relevant articles using two databases and a keyword search. The main conclusion is that the circular economy in the offshore wind industry is an under-researched, underdeveloped field with great heterogeneity in the development of circular economy strategies. This heterogeneity is caused by wide variation in the country and region-specific development of circular economy strategies, policy and regulatory factors, economic viability, and lack of knowledge. We also find that the circular economy strategies with potentially the best environmental outcome are the ones that are furthest from market maturity and commercial viability. |
| format | Article |
| id | doaj-art-1ba6046ea66a4b098de69c0b53c722c0 |
| institution | Kabale University |
| issn | 2405-8440 |
| language | English |
| publishDate | 2024-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj-art-1ba6046ea66a4b098de69c0b53c722c02024-11-15T06:12:57ZengElsevierHeliyon2405-84402024-11-011021e39577Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A reviewPankaj Ravindra Gode0Arild Aspelund1Corresponding author.; Norwegian University of Science and Technology (NTNU) Department for Industrial Economics and Technology Management, Sentralbygg 2, Trondheim, NorwayNorwegian University of Science and Technology (NTNU) Department for Industrial Economics and Technology Management, Sentralbygg 2, Trondheim, NorwayTo mitigate the impact of climate change, a transition to renewables in the energy sector is needed. Offshore wind energy is a promising renewable technology that is developing at an unprecedented rate. However, the offshore wind industry is material intensive, and there are concerns about its end-of-life strategies and that we might end up exchanging a climate challenge with a material challenge. The question is whether there are available, mature, and commercially viable solutions for offshore wind companies that want to adopt a circular economy. This study offers an exhaustive review of the academic literature on eight existing and emerging circular economy strategies for the offshore wind industry – lifetime extension, reuse, remanufacturing, refurbishing, repurposing, modularisation, repowering and recycling, and classifying them according to the technology readiness level/strategy assessment framework. The systematic literature review identified 66 relevant articles using two databases and a keyword search. The main conclusion is that the circular economy in the offshore wind industry is an under-researched, underdeveloped field with great heterogeneity in the development of circular economy strategies. This heterogeneity is caused by wide variation in the country and region-specific development of circular economy strategies, policy and regulatory factors, economic viability, and lack of knowledge. We also find that the circular economy strategies with potentially the best environmental outcome are the ones that are furthest from market maturity and commercial viability.http://www.sciencedirect.com/science/article/pii/S2405844024156083Circular economyOffshore wind industryWaste managementTechnology readiness levelSystem-level change |
| spellingShingle | Pankaj Ravindra Gode Arild Aspelund Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A review Heliyon Circular economy Offshore wind industry Waste management Technology readiness level System-level change |
| title | Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A review |
| title_full | Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A review |
| title_fullStr | Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A review |
| title_full_unstemmed | Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A review |
| title_short | Addressing heterogeneity in the development of circular economy strategies in the offshore wind industry: A review |
| title_sort | addressing heterogeneity in the development of circular economy strategies in the offshore wind industry a review |
| topic | Circular economy Offshore wind industry Waste management Technology readiness level System-level change |
| url | http://www.sciencedirect.com/science/article/pii/S2405844024156083 |
| work_keys_str_mv | AT pankajravindragode addressingheterogeneityinthedevelopmentofcirculareconomystrategiesintheoffshorewindindustryareview AT arildaspelund addressingheterogeneityinthedevelopmentofcirculareconomystrategiesintheoffshorewindindustryareview |