Tom Edwards Senior Modelling Consultant at Cornwall Insight discussed the offshore wind target with CNN Business he explained that costs for offshore wind will decline further over time as development increases.
While offshore wind farms cost about twice as much to set up as onshore wind farms, they produce a lot more energy. That’s because the wind turbines themselves can be a lot bigger, enabling them to capture more wind and at lower speeds, he told CNN Business
Tom Edwards, Senior Modelling Consultant