A Learning Investment-based Analysis of the Economic Potential for Offshore Wind: The Case of the United States
The Brattle Group, for CESA and others
This study examines the short- and long-term economics of offshore wind in the United States. In particular, the study analyzes the “learning investment”, i.e. the total amount of funding required to bring offshore wind to a scale where it can compete with fossil generation on a cost basis. The study also examines how, if funded by ratepayers, average rates for electricity might be impacted by such a scaling-up program.
This report was prepared by The Brattle Group for the Center for American Progress, the US Offshore Wind Collaborative, the Clean Energy States Alliance, and the Sierra Club.