Page 35: of Offshore Engineer Magazine (May/Jun 2020)

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LCOE

OFFSHORE WIND’S

LEVELIZED COST OF

ENERGY (LCOE) HAS

DECLINED FROM A

GLOBAL AVERAGE $170/

MWH IN 2010 TO $47/

MWH IN RECENT

AUCTIONS.

(Photo: Ørsted)

MAY/JUNE 2020 OFFSHORE ENGINEER 35

Offshore Engineer