Deployment Implications of Reaching the DOE Floating Offshore Wind Shot Goal: A Summary of Initial Results and Methods

Trieu Mai, Philipp Beiter, Matt Mowers, Matt Shields, Patrick Duffy

Research output: NRELPresentation

Abstract

The Floating Offshore Wind Shot is an initiative to help usher in a clean energy future by driving U.S. leadership in floating offshore wind design, development, and manufacturing. Here, we document impact of attaining the Shot cost goal of $45/megawatt-hour by 2035, a reduction of 70% from today's cost levels. We find deployment of 90-120 gigawatt of floating offshore wind by 2050.
Original languageAmerican English
Number of pages41
DOIs
StatePublished - 2023

NREL Publication Number

  • NREL/PR-5000-86020

Keywords

  • capacity expansion modeling
  • costs
  • floating offshore wind
  • Floating Offshore Wind Shot

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