Technology Preset
Fixed Bottom Offshore Wind
Floating Offshore Wind
Asset Sizing
Capacity (MW)
1800
DevEx
DevEx Term (Yrs)
6
DevEx Spend (€M/yr)
150
CapEx & Performance
CapEx Lead Time (Yrs)
4
Total CapEx (€Bn)
4.50
Lifespan (Yrs)
25
Capacity Factor (%)
50
Availability (%)
100
Wake Loss (%)
5
Wake Start (Yr)
0
Annual Degrad. (%)
0.5
Degrad. Start (Yr)
15
Govt Support & Revenue
Capital Grant (€M)
0
Govt Support Cap (€M)
No Cap
Subsidy Draw Cap (€M/yr)
No Cap
CfD Term (Yrs)
20
CfD Strike (€/MWh)
90.0
Merchant Price (€/MWh)
70.0
Merchant Growth (%/yr)
2.0
Contracted Share (%)
100
OpEx
OpEx (€M/yr)
25
OpEx Escalation (%/yr)
2.0
Insurance (€M/yr)
5
Decom. Cost (€M)
250
Financing
Gearing (%)
70
Tenor (Yrs)
25
Interest Only (Yrs)
3
Cost of Debt (%)
5.0
Cost of Equity (%)
10.0
Risk Premium
Low (1.0%)
Corp Tax (%)
20.0
Tax Depreciation Life (Yrs)
1
Loss Carryforward
On
Status
–
IRR post-tax
–
Hurdle Rate
–
WACC (post-tax)
–
NPV
–
LCOE
–
Avg Rev / Yr
–
Avg Tax / Yr
–
Debt at COD
–
Company Equity
–