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Home » News » Wind Energy » Shared Floating Wind and Wave Projects Offer Up to 12% Combined Cost Reduction, New Report Reveals
Ocean Energy

Shared Floating Wind and Wave Projects Offer Up to 12% Combined Cost Reduction, New Report Reveals

By John LeeMay 12, 20232 Mins Read
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Credit: Mocean Energy
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Wave Energy Scotland (WES) has recently released a report commissioned from OWC that explores the potential benefits of sharing infrastructure, supply chain, and services between floating wind farms and wave energy developments. The report highlights that sharing these resources can lead to significant cost reductions, with the levelised cost of energy (LCOE) for wind potentially

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