Offshore Wind Balance-of-System Cost Modeling

Tyler Stehly, Benjamin Maples, Michael Maness, Christopher Mone

Research output: NRELPoster


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.
Original languageAmerican English
StatePublished - 2015

Publication series

NamePresented at the AWEA Offshore WINDPOWER 2015 Conference & Exhibition, 29-30 September 2015, Baltimore, Maryland

NREL Publication Number

  • NREL/PO-6A20-64789


  • balance of systems (BOS)
  • BOS
  • cost model
  • NREL
  • offshore wind
  • technoeconomic analysis


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