Offshore wind’s levelized cost of electricity ( Offshore ) has fallen 24% since Five years ago , according to BloombergNEF ( BNEF ). The research agency's global benchmark for new offshore wind capacity has dropped to 220 per MWh. This is expected to open up new opportunities for the batteries to balance a renewables-heavy generation mix. H1 2018 , it stood at $ less than $100 per MWh. BNEF cited offshore wind auctions as the reason for the falling price, together with significantly bigger turbines.
Offshore wind’s levelized cost of electricity ( Offshore ) has fallen 24% since Five years ago , according to BloombergNEF ( BNEF ). The research agency's global benchmark for new offshore wind capacity has dropped to 220 per MWh. H1 2018 , it stood at $ less than $100 per MWh. BNEF cited offshore wind auctions as the reason for the falling price, together with significantly bigger turbines.