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Title: Offshore Wind Balance-of-System Cost Modeling

Offshore wind balance-of-system (BOS) costs contribute up to 70% of installed capital costs. Thus, it is imperative to understand the impact of these costs on project economics as well as potential cost trends for new offshore wind technology developments. As a result, the National Renewable Energy Laboratory (NREL) developed and recently updated a BOS techno-economic model using project cost estimates created from wind energy industry sources.
Authors:
; ; ;
Publication Date:
OSTI Identifier:
1225302
Report Number(s):
NREL/PO-6A20-64789
DOE Contract Number:
AC36-08GO28308
Resource Type:
Conference
Resource Relation:
Conference: Offshore WINDPOWER 2015;Baltimore, Maryland;09/29/2015 - 09/03/2015
Research Org:
NREL (National Renewable Energy Laboratory (NREL)
Sponsoring Org:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Wind and Water Technologies Office (EE-4W)
Country of Publication:
United States
Language:
English
Subject:
17 WIND ENERGY Offshore wind; BOS; Balance of system; Cost model; Techno-economic analysis; NREL