Achieving a competitive cost of energy from floating wind is instrumental to achieve market shares in the transformation to a more sustainable energy platform.
OceanGrid`s floater and mooring technology's, are engineered and optimized based on key cost drivers from site specific Engineering to decommissioning.
More cost-effective design and fabrication methods are based on improving proven technologies from the floating and bottom fixed wind industries, rather than re-inventing the wheel.
This approach enables OceanGrid to leverage established wind energy supply chains, ensuring projects are more more cost–efficient, whilst reducing cost and schedule risks during the project execution phase.
Typical cost breakdown for floating wind:
Source: NREL 2019 Cost of Wind Energy Review
Component-level LCOE contribution for the 2019 floating offshore wind reference project operating for 25 years.
