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Offshore Wind Cost Reduction Pathways Study PDF

88 Pages·2013·English
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by ['Carlos Manuel']| 2013| 88 pages| English

About Offshore Wind Cost Reduction Pathways Study

This study analyzed potential pathways to reduce the cost of offshore wind power in the UK. Through engagement with over 120 industry participants, the study defined four scenarios reflecting different rates of industry growth and innovation. Pathways were developed to assess the impact on levelized cost of energy. The analysis found that reducing costs to £100/MWh or below by 2020 is achievable in three of the four scenarios, depending on the pace of capacity growth, technological advances, supply chain maturity and financial market development. A slow industry progression risked higher costs without sufficient intervention.

Detailed Information

Author:['Carlos Manuel']
Publication Year:2013
Pages:88
Language:English
Format:PDF
Price:FREE
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