NewEnergyNews More: SCALE WILL CUT 1/3 OF OCEAN WIND COST

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    • Tuesday, August 27, 2013

    SCALE WILL CUT 1/3 OF OCEAN WIND COST

    Cost Reduction Potentials of Offshore Wind Power in Germany

    22 August 2013 (Prognos AG and Fichtner Group)

    “…For the currently operational [400 MW of] offshore wind farms, the levelised costs of energy, i.e. the average cost for generating electricity over an operational time of 20 years, amounts to 12.8 to 14.2 Cent2012/kWh in real terms. According to scenario 1 and depending on the actual site, these costs can be gradually reduced by up to 32 %, and in the optimum market conditions of scenario 2 by up to 39 % over the next ten years [as installed capacity exceeds 10,000 MW]. The main driver for the cost reduction is a continuous technological development across the entire added value chain of the offshore wind power industry…[including] investment, operation and financing…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:18 AM

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