The Northeast U.S. offshore wind landscape presents challenges and uncertainties impacting a wide range of questions, decisions and investments.
Conventional economic models are not designed to answer systemic questions impacted by dynamic interactions between development, procurement and investment decisions over time.
What is the value proposition of a proposed offshore network or onshore interconnection hub to states and offshore wind developers?
We at SEA love a good puzzle. We have developed the Simulator of Northeast Offshore Wind Buildout and LCOE (SNOWBaL) as a tool capable of analyzing offshore wind dynamics and interactions between key stakeholders over time, to provide strategic insight supporting better-informed action in the face of these critical questions.
By simulating offshore wind price and deployment outcomes across the range of existing and future lease areas, buyers, deployment scales, and points of delivery, taking into consideration interstate competition dynamics, deployment economy of scale, transmission and interconnection constraints and solutions, and development cost drivers and trajectories, SEA can use SNOWBaL to provide unique perspectives and insights to many of the Northeast U.S. offshore wind landscape’s challenging questions.
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