Wind Energy update: Foundation costs top list of industry focus points

As organisations across Europe use task forces to drive down the cost of offshore wind energy, Wind Energy Update [WEU] reveals the importance foundations has to the overall levelised cost of energy [LCOE].

In a recent survey conducted by WEU, five sub areas of wind power plant installation were selected for cost reduction.

The sub area selected by the senior executives with most potential for cost reduction was foundations, with almost twice as many responses as the next closest.

Foundations make up 19% of an offshore wind power plant