ScotWind offshore wind leases are competitive due to high wind speeds

February 3, 2022
 | 
2 min read
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Benchmarking the winning ScotWind leases, how do they stack up?

With the ScotWind results starting to sink in, the winning developers now face a scramble to kick off studies and supply chain preparations, with an aim to deliver the first capacities around ~2030.

To give some direction on competitiveness, Aegir Insights has looked at LCoE benchmarking using public data sources with our Aegir Quant model.

Fixed-bottom ScotWind leases have lowest LCoE

Fixed-bottom sites dominate at the low end of the LCoE range, but floating sites are not far behind.

Despite attractive price levels due to excellent wind speeds, key uncertainties loom when looking into the crystal ball. They include the future of the UK grid charging regime, supply chain investment costs and offtake approach - either grid-connected or for production of hydrogen and PtX.

If interested to learn more about the journey to commercialize floating wind to 2030, reach out to hear more about our advanced market capacity models and project assessments through Aegir Quant.


Aegir Insights provides subscription-based Software, Data & Analytics, and Intelligence solutions, offering tailored packages to accommodate client size and specific requirements.

Aegir Software Solutions empower clients to gain a competitive edge by providing them with the insights they need to make informed investment decisions. With Aegir Insights' powerful software solutions, offshore wind developers, governments, and investors can evaluate investment opportunities faster and more accurately, ultimately driving growth and profitability.

Aegir Quant is a comprehensive solution for advanced economic assessment in both fixed-bottom offshore wind and floating wind projects. Aegir Quant offers a holistic business view by integrating technology modeling, annual energy production (AEP), CAPEX, OPEX, installation logistics, financials, and more. In addition to evaluating individual project economics, Aegir Quant provides an instant portfolio overview for easy benchmarking, optioneering, or budget consolidation.

Reach out to us to learn more about Aegir Insights' software solutions!


Tagged: Europe · Software
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Aegir Insights
Havnegade 27,
1058 Copenhagen,
Denmark


Contact

info@aegirinsights.com
CVR no.: 39104792

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