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How big will offshore wind be?

Energy Insiders - a RenewEconomy Podcast

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The Cost of Capital for Fixed Offshore Wind

Over the next sort of 18 to 24 months, we're probably going to have five to six gigawatts of projects having been through the permitting and PPA process. And actually, that's just the start. We've also got opportunities for looking at it. The total capital cost to build out just those projects I mentioned is probably going to be closer to 25 billion dollars US. That in itself is, I don't know, taking into account recent cost increases,. Probably we're talking about 15 US billion more or less of all up cap of expenditure.

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