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Oregon floating wind back on, NREL shows costs have plummeted

The entire energy market is badly served by forecasting that does not take into account projects which are not currently in development – instead a list of projects that are already partially developed are set as a maximum limit for a market potential. And then it changes, which is why most forecasts call way short of a particular technology’s potential. In floating wind in June we released our own first forecast, avoiding this weakness – we added up existing projects in the USA for example, and added a further 450 MW of floating wind, which would come into development once LCOE for floating wind had fallen significantly, well before 2030 and in time to do the development on further projects…

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