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US East Coast Offshore Wind Benefits Vary Significantly Depending On Location, Finds Berkeley Lab
Clean Technica: A new study published this week by Lawrence Berkeley National Laboratory has shown that the value created by offshore wind varies significantly depending on location, ranging from $110 per megawatt-hour (MWh) to as low as $40/MWh.
Offshore wind has become one of the leading forms of new electricity generation in parts of Europe and is expanding into other markets, such as Asia, as well. There is currently almost 17 gigawatts (GW) worth of offshore wind in operation, and at least another 7.9 GW in the pipeline. Europe leads the way with 15.8 GW, but there are new markets cropping up.
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