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

doi:10.2172/1989641

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: NLR › Presentation

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 language	American English
Number of pages	41
DOIs	https://doi.org/10.2172/1989641
State	Published - 2023

NLR Publication Number

NREL/PR-5000-86020

Keywords

capacity expansion modeling
costs
floating offshore wind
Floating Offshore Wind Shot

Access to Document

10.2172/1989641

Cite this

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

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.",

keywords = "capacity expansion modeling, costs, floating offshore wind, Floating Offshore Wind Shot",

author = "Trieu Mai and Philipp Beiter and Matt Mowers and Matt Shields and Patrick Duffy",

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doi = "10.2172/1989641",

language = "American English",

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AU - Beiter, Philipp

AU - Mowers, Matt

AU - Shields, Matt

AU - Duffy, Patrick

PY - 2023

Y1 - 2023

N2 - 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.

AB - 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.

KW - capacity expansion modeling

KW - costs

KW - floating offshore wind

KW - Floating Offshore Wind Shot

U2 - 10.2172/1989641

DO - 10.2172/1989641

M3 - Presentation

ER -

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

Abstract

NLR Publication Number

Keywords

Access to Document

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