..and recent progress suggests it will, then offshore wind could become the cheapest form of renewable energy except for hydropower.
https://www.offshorewind.biz/2017/12/08/bvg-associates-30-lcoe-reduction-still-to-be-had-by-2030-expertise-hub-video/?utm_source=emark&utm_medium=email&utm_campaign=daily-update-offshore-wind-2017-12-11&uid=69352
The larger offshore wind turbines that have appeared on the market in the last two years are responsible for about a third of the cost reduction seen during the period, Blanch said.
Other reasons for the lower LCoE are positive changes in the supply chain, and mainly the cost of finance, as offshore wind is now seen as less risky of an investment, according to Blanch.
https://www.offshorewind.biz/2017/12/08/bvg-associates-30-lcoe-reduction-still-to-be-had-by-2030-expertise-hub-video/?utm_source=emark&utm_medium=email&utm_campaign=daily-update-offshore-wind-2017-12-11&uid=69352