“…However, the emergence of offshore renewable energy sources, such as wind and tidal energy, presents an opportunity to reduce electricity costs. 2 Given the adverse environmental impact of power generation from fossil fuels and the global movement toward a more sustainable energy mix, investing in renewable energy presents an opportunity for development in countries. 3,4 However, in off-grid areas, the Abbreviations: AC, alternating current; BESS, battery energy storage systems; BTMS, battery thermal management system; COE, levelized cost of energy; DC, direct current; GDP, gross development product; HDI, human development index; HOMER, hybrid optimization of multiple energy resources; LF, load following; NPC, net present cost; NIWA, National Institute of Water and Atmosphere; NZMS, New Zealand meteorological service; O&M, operation &maintenance; POM, Princeton Ocean model; RF, renewable fraction; SIESA, Stewart Island electrical supply authority.…”