The acceleration of deepwater offshore wind development is being held back by a singular focus on floating wind, while innovative fixed-bottom or buoyant foundations provide an immediate route to large-scale, cost-effective deployment at many high resource sites, energy company Enterprize Energy from Singapore recently said in its latest press release.
The company, which is behind one of the largest offshore wind projects in Vietnam, said that using novel fixed-bottom foundations would benefit the projects in many aspects, including local manufacturing, levelized cost of energy (LCOE), and investor risk.
The sector’s focus on using floating wind technology to unlock the far offshore sites in water depths of over 60 metres is holding it back from tapping into solutions beyond floating foundations, according to the offshore wind developer.