Publication

Title of Publication

Life-cycle cost (LCC) based design procedure to determine the optimal design parameters and target reliability under nonlinear deformation for marine installations
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Year of Publication : 2020

About Publication

This study proposes a procedure to determine the optimal design parameters and target reliability based on Life cycle cost (LCC) based analysis. An iterative design procedure is performed for different levels of reserve strength ratio (RSR), and LCC is calculated. A case study is carried out for the installation of the bottom fixed jacket support structure for offshore wind turbines (OWT) systems subjected to extreme loading conditions. To determine the ultimate capacity of the structure, static pushover analysis is integrated with the proposed design methodology. An evolutionary-based particle swarm algorithm is selected for the structural design optimization of offshore jackets. The RSR evaluated from pushover analysis assists to determine the probability of failure based on the first-order reliability method (FORM). Based on a set of LCC values, which are the collective sum of capital expenditure (CAPEX), operational cost (OPEX), and risk cost (RISKEX), the optimal design is reached.