DOE to award up to $180M for offshore wind demo projects; targeting lowering levelized cost of energy (LCOE) below 10¢/kWh
Green Car Congress
MARCH 2, 2012
DOE is focusing this latest research and demonstration initiative on innovative technologies that will achieve large cost reductions over existing offshore wind technologies. LCOE is the sum of all annual costs divided by the amount of electricity produced per year.). waters in the most rapid and responsible manner possible; and.
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