The market potential for floating offshore wind is huge, but only if floating wind is capable to produce at competitive Levelized Costs of Energy (LCOE) in line with alternative green energy sources. Achieving a competitive cost level requires a highly efficient process from production, transport and installation, and a high turbine efficiency. Economics of scale must be exploited. The wind turbines will therefore increase in size and the number of installed floating units will be high.
This has been the driver of the design of the Moray Base.
A large scope of local content is anticipated in floater assembly, turbine erection and installation.