insurance cost

A model for the yearly insurance cost, assessed as 1% of the procurement costs of the rotor-nacelle assemblies: 0.01⋅C_RNA⋅N_t [actual Euro].

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Has inputs 2

Has outputs 1

insurance cost

Notes

This node's name is a non-informative reference to a model in Zaaijer (2013); it should get an informative name.
2026-09-09: name, description changed — Table C-2, row "Insurance" under operation and maintenance costs – operation. Named after the Variable it outputs. The published name was the table's row number, which the node's own note asks to replace; the description now carries the equation, which the new name would otherwise only restate.

References

PhD Thesis 'Great expectations for offshore wind turbines'. Michiel Zaaijer, 2013

Contributed by

S. Sanchez Perez Moreno (TU Delft), Edited by S. Sanchez Perez-Moreno (Anemona)

Cite the database: Quaeghebeur, E., Sanchez Perez-Moreno, S., and Zaaijer, M. B.: WESgraph: a graph database for the wind farm domain, Wind Energ. Sci., 5, 259–284, 2020. doi:10.5194/wes-5-259-2020

This page: https://wesgraph.anemona.io/concept/insurance-cost-model/