Collaborative Procurement of Offshore Wind Energy- A Buyers Network: Assessment of Merits and Approaches

September 11, 2012

Baird Brown, Carolyn Elefant, Mark Sinclair, Melissa Haugh | Clean Energy Group, Clean Energy States Alliance (CESA)

The analysis finds that, when combined with low-cost financing and use of the Investment Tax Credit, the purchase of large amounts of offshore wind energy by “buyers networks” of credit-worthy offtakers could significantly reduce the cost of offshore wind energy.