Recently, there has been renewed interest in the choice of construction material for floating offshore wind hulls. Specifically, the industry has been considering whether steel or concretehulls will lead to the lowest possible levelised cost of energy (LCOE) for a floating wind project.

Principle Power is not fundamentally against concrete hulls; actually, we have been doing quite a bit of work over the last five years on alternative materials and are finding out that the challenges are significant.