Energy Solutions by McKinsey’s Post

Let’s unlock the full potential of offshore wind. The offshore wind industry has the potential to grow to 20,000 GW of fixed offshore wind, and 50,000 GW of floating offshore wind capacity globally. However, rising material costs, inflation and competitive seabed tenders have increased LCOE expectations, reversing cost reduction trends. Discover how this is impacting offshore wind developers’ profitability in our newest report. https://mck.co/4d3AaEg #OffshoreWind #RenewableEnergy #EnergyTransition

  • Report exhibit displaying that offshore wind has been more exposed to cost-side shocks than other renewables technologies.

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