2019
DOI: 10.1016/j.enpol.2019.03.036
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European offshore wind capital cost trends up to 2020

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Cited by 39 publications
(28 citation statements)
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“…For this analysis the cost component comprises of the construction and operation and maintenance costs (CAPEX plus OPEX) of the wind farm throughout its entire life cycle. Similar to the study by [23] from the edge of the wind turbine layout [28]. It is therefore desired that the wind farms are built at a distance from the shore to lower their negative social impact, which is better.…”
Section: Inputsmentioning
confidence: 99%
“…For this analysis the cost component comprises of the construction and operation and maintenance costs (CAPEX plus OPEX) of the wind farm throughout its entire life cycle. Similar to the study by [23] from the edge of the wind turbine layout [28]. It is therefore desired that the wind farms are built at a distance from the shore to lower their negative social impact, which is better.…”
Section: Inputsmentioning
confidence: 99%
“…Renewable energy sources (RES) are becoming an increasingly important part of the energy basket in the European Union (EU) [1,2]. Their presence in the overall energy mix of European countries has been constantly rising over the last thirty years [3]. While in 1990 the share of renewables in energy production in EU countries constituted only 4.39%, in 2017 (the most recent available data) it raised to 13.73%, as reported by the Organization for Economic Co-operation and Development (OECD) [4].…”
Section: Introductionmentioning
confidence: 99%
“…In 2019 alone, 2.5 GW were installed and €6 billion worth of financing was granted for new Offshore Wind (OSW) farms [7]. Capital costs for new offshore wind farms in Europe are now decreasing, after a continuous rise up to 2015 [9]. However, almost all the offshore capacity is confined to the northern European seas, as the winds are strong and sea levels are shallow.…”
Section: Introductionmentioning
confidence: 99%