We've been banging on a bit about floating offshore wind turbines lately, but with good reason. Take a look at the US Energy Information Administration's projected Levelized Cost of Energy (LCoE) figures for 2027, on page 9 of this report. Deep offshore wind is a huge renewable energy opportunity in the race towards decarbonization, but as it stands, it's so expensive that it's going to be tough to make a business out of it. The almighty dollar will speak; if offshore wind isn't profitable, humanity won't get access to this resource.Continue ReadingCategory: Energy, ScienceTags: Offshore Wind, Wind turbine, Wind Power, Renewable Energy, Clean Energy

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