Research and analysis

Review of power generation costs for floating offshore wind and tidal stream energy technologies

Reviews of cost and technical assumptions for floating offshore wind and tidal stream energy.

• From: Department for Energy Security and Net Zero
• Published: 16 November 2023

Documents

Floating offshore wind and tidal stream energy research reviews: cover note

HTML

Review of technical assumptions and generation costs: floating offshore wind levelised cost of energy review

PDF, 994 KB, 38 pages

Review of technical assumptions and generation costs: levelised cost of electricity from tidal stream energy

PDF, 1.28 MB, 45 pages

Details

These reports by Frazer-Nash cover updates to the cost and technical assumptions for the following technologies:

• tidal stream energy (TSE)
• floating offshore wind (FOW)

The evidence drawn from these reviews inform:

• estimates of the levelised cost of electricity (LCOE) in the November update to the Generation Costs Report 2023
• administrative strike prices (ASP) analysis in Allocation Round 6 (AR6) for the Contracts for Difference (CfD) renewables deployment scheme

The accompanying cover note provides more detail on uncertainties and limitations and the use of this data within DESNZ.

Published 16 November 2023