Consultancy BVG Associates said there is “strong evidence” that the UK offshore sector is on course to hit the £100/MWh goal set by the country’s government.
The further cost-out potential through the 2020s relies on a range of positive policy and market conditions, said the consultancy.
They include the expected progress towards larger, more reliable turbines of 10MW or above, and other technical innovations in areas such transmission infrastructure and O&M.
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