Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Offshore Wind›US: NREL outlines new strategic vision for floating wind
Offshore Wind

August 19, 2020 · about 6 years ago

US: NREL outlines new strategic vision for floating wind

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has recently published a study on floating wind, unveiling a new strategic vision for the sector. NREL researchers have identified barriers that must be overcome to bring down the overall cost of energy produced, and then ou

2 minutes read
  • LinkedIn
  • X
  • Email
A Principle Power floating wind turbine at sea with the foundation in focus
Principle Power/Illustration

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has recently published a study on floating wind, unveiling a new strategic vision for the sector.

NREL researchers have identified barriers that must be overcome to bring down the overall cost of energy produced, and then outlined a vision for an integrated systems approach with the potential to significantly improve the market feasibility of floating wind plants.

The proposed integrated systems design approach aims to help the industry deploy cost-effective floating turbine systems by 2030.

“While we’ve made great progress with innovations related to individual components and tools, only a comprehensive systems-based approach can allow floating wind technology to fully mature in commercial markets”, said NREL Offshore Wind Platform Lead and study co-author Walt Musial .

“A multidisciplinary effort makes it possible to simultaneously focus on a wide range of factors and then optimize designs to achieve a minimum system cost”.

Cost reductions in floating wind are unlikely to come from a single breakthrough invention, according to the study , but through a complementary combination of innovations in technologies, design features, and installation and operational strategies.

The NREL approach uses a fully integrated systems-engineering and techno-economic design to capture the complex interactions among physics, manufacturing, installation, and operation of floating wind systems and identify optimal designs that dramatically reduce costs.

The current approach to offshore wind system design is iterative, with each company bringing to the table its own area of expertise and profit motive, NREL writes.

“One manufacturer designs the turbine and tower, another company designs the substructure, and sometimes a separate developer tackles array layout and logistics. The tremendous complexity of the physical environment for floating installations and interplay of design components make this divide-and-conquer approach quite costly and less effective in identifying workable solutions”, said NREL Senior Research Engineer and study lead author Garrett Barter .

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Offshore WindWind FarmsResearch & Development

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1$50 billion South Korean investment pushes stalled Alaska LNG project closer to construction
  2. 2TGS on 3D imaging mission to unlock new insights into Malaysia's offshore discovery
  3. 3Petrobras strikes another oil-bearing zone in Equatorial Margin frontier
  4. 4MidOcean gets hold of $4 billion in major capital raise to fuel global LNG push

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free