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National Offshore Wind Impact Metrics: Quantitative Analysis Volume II

Abstract

The National Offshore Wind Research and Development Consortium (NOWRDC) evaluated how 
the innovations it supports affect the levelized cost of energy (LCOE) and key performance 
metrics such as annual energy production (AEP), operational expenditures (OpEx), and capital 
expenditures (CapEx). This analysis builds on NOWRDC's 2024 LCOE Impact Report, which 
established the modeling framework and baseline assumptions. By modeling these 
innovations across three representative offshore wind farms reflecting the expected trajectory 
of U.S. offshore wind development in the 2030s. A summary report is included as well.