Investments of €500m-€1bn in some of Europe’s key wind ports could reduce the levelised cost of energy (LCOE) for offshore wind by 5.3% by 2030, according to figures released by the WindEurope Ports Platform.

The upgrading, redesigning and adapting of ports will allow developers to work with larger turbine components, larger vessels that can complete installation faster, and allow the consolidation of O&M teams at dedicated hubs — all of which would help to reduce costs.