Levitt, Andrew C.; Kempton, Willett; Smith, Aaron P.; … - In: Energy Policy 39 (2011) 10, pp. 6408-6421
Offshore wind offers a very large clean power resource, but electricity from the first US offshore wind contracts is costlier than current regional wholesale electricity prices. To better understand the factors that drive these costs, we develop a pro-forma cash flow model to calculate two...