Second Cost Reduction Monitoring Framework Report paints positive outlook

'A comparison of 2014 and 2015 offshore wind costs from OREC's second CMRF report

During March, the Offshore Renewable Energy Catapult (OREC) released its second Cost Reduction Monitoring Framework Report (CRMF). Among other things, the report finds that ''the industry is confident of driving costs below £100/MWh by 2020 on the back of long-term market certainty.''

This is premium content

Already a member? SIGN IN now

V2-MJ

Sign up for FREE to continue this article…

It only takes a minute to sign up for a free account, and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial marine sector
  • Access to the Maritime Journal Industry Database
  • Monthly Maritime Journal Magazine (Restricted digital edition)
  • Website access (3 standard news articles per month)

Get access and more free content sign up today

Does your organisation require more access? Upgrade to a subscription and enjoy unlimited news and additional features.