Floating Wind Technology

There is an abundance of wind energy resource in the UK, both onshore and offshore. The UK’s offshore wind resources are already being exploited significantly with government support, but with technology and supply chain development there is a clear and credible trajectory to delivering commercial offshore wind farms. The learning from the ETI’s Offshore Wind Programme highlights the potential for floating offshore wind turbines. We conclude that floating wind has the potential to be a cost-effective, secure and safe low-carbon energy source that is well positioned to make a significant long-term contribution to the UK’s low carbon energy system.

The ETI’s work suggests that offshore wind has the potential to deliver levelised cost of energy (LCoE) that will compete amongst the lowest cost forms of low carbon generation from the mid 2020s.