Insight
Floating Offshore Wind: In Pursuit of Commercialization
Report summary
The LCOE of offshore floating wind power projected to plummet below 40EUR/MWh by 2030, enabling installed capacity to reach 4.3GW. The research note analyses the global floating wind industry towards 2030. It captures almost 60 floating concepts and their attributes while identifying key challenges and innovations for floating wind’s pursuit of commercialization. The research note concludes by illustrating floating wind’s LCOE developments towards 2030 along with a scenario analysis of the global floating wind 2030 outlook.
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