"Offshore Windpower 2015, Baltimore, Maryland, September 29--30, 2015."
Summary
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.
