The German Offshore Wind Energy Foundation concluded that cost reductions of one-third can be achieved by 2023 in conditions of consistent technology development and a deployment of 9GW capacity in Germany.
In the UK, the Crown Estate Pathways Study in 2012 concluded that significant cost reductions are also possible across most sectors. But are the underlying volumes of deployment going to be realised in the expected timeframes?
And if not, what can industry do to achieve and exceed these targets in a cost effective way?
With one of Europe’s largest offshore portfolios in development, construction and operation (over 1GW either post-final investment decision or already in operation) Vattenfall is well positioned to use our portfolio to achieve meaningful LEC reductions and share key...
