LAUSR

Abstract The capital cost of a 5 MW floating wind turbine (FWT) runs as high as $20.7 million, leading to an energy cost of $0.20/kWh, four times that of natural gas ( Myhr et al., 2014 ). Although a single type of energy harvesting device may be too expensive to deploy, if it can operate symbiotically with others, the combined cost of energy might be acceptable. In this study, we show that attaching a wave energy converter (WEC) to the FWT may simultaneously produce an average of 240 kW wave power, reduce the WEC levelized cost of energy by 14% by eliminating redundant components, and reduce the FWT tower lifetime equivalent fatigue stress by 23% by reducing platform motion. Furthermore, the offshore wind turbine may also serve as a structure for the harvesting of valuable elements from seawater, such as uranium, lithium, and cobalt. The major cost drivers for the harvesting of uranium from seawater have been identified to be those associated with the mooring and deployment of the metal adsorbing polymers ( Schneider and Sachde, 2013 ; Byers and Schneider, 2016 ). In the case of uranium, a symbiotic system coupled with an offshore wind turbine was found to reduce the seawater uranium production cost by at least 11% and up to 30% ( Byers et al., 2016 , 2018 ; Haji, 2017 ).