LCOE Impact Calculator

Quantify your technology's LCOE impact

Model how your offshore wind innovation affects the Levelised Cost of Energy for a reference 1 GW fixed-bottom project. Speak the language that gets developer attention.

Reference cost data aligned with published UK offshore wind benchmarks from ORE Catapult and The Crown Estate (2025)

Reference Project
1,000 MWCapacity
15 MW × 67Turbines
50 mWater Depth
10 m/sWind Speed
75 kmDistance to Shore
30 yrsLifetime
6.5%WACC
ExplorerFree
Grant Ready£500 / report
Full Analysis£2,500 / report
BespokeOn quote

Model Inputs

Turbine Supply
£1,200,000/MW · 50.4% of CAPEX
Turbine Total (£/MW)1,200,000
Nacelle, rotor & tower
Nacelle (£/MW)780,000
Rotor (£/MW)340,000
Tower (£/MW)94,000
Foundations
£420,000/MW · Monopile + TP + protection
Foundation Total (£/MW)420,000
Monopile + transition piece + protection
Monopile (£/MW)266,000
Transition Piece (£/MW)124,000
Corrosion Protection (£/MW)28,000
Scour Protection (£/MW)5,400
Cable Systems
£382,000/MW · Array + export cables
Cable Systems Total (£/MW)382,000
Array + export cables + accessories
Installation & Commissioning
£1,000,000/MW · Transport & install
Installation Total (£/MW)1,000,000
Transport, foundation/turbine/cable install
Substations & Development
£439,000/MW · Offshore + onshore + devex
Substations (£/MW)284,000
Development (£/MW)155,000
Operational Expenditure
£85,000/MW/yr · Maintenance, insurance, ops
Annual OPEX (£/MW/yr)85,000
Turbine Maintenance (£/MW/yr)34,200
Energy Production
4,200 MWh/MW/yr · 47.9% CF
Net AEP (MWh/MW/yr)4,200
Turbine Availability (%)96.5
Financial Parameters
6.5% WACC · 30yr life · £426k decom
WACC (%)6.5
Biggest single lever on LCOE
Project Lifetime (years)30
Decommissioning (£/MW)426,000
OPEX Escalation & MCR
Flat OPEX · MCR off
OPEX escalation over lifetimeLower in warranty years, rising through mid-life
Major Component Replacements (MCR)Gearbox, generator, blade failures — bathtub curve
Inflation & Price Basis
Real 2024 prices · No deflator
Apply inflation to nominal costsConverts real 2024 prices to nominal cashflows
Site Parameters
50m depth · 75km to shore · Monopile
Foundation type
Water depth (m)50
Monopile optimal <40m. Jacket typically >40m. Crossover ~35-45m.
Distance to shore (km)75
Scales export cable, installation transit, O&M strategy. HVDC threshold ~80-100km.
🔒 Unlock more inputs — sign in or upgrade to access cable, installation, OPEX, energy and financial parameters.
Baseline LCOE
—£/MWh
Modelled LCOE
—£/MWh
Baseline
—Nominal CAPEX £/MW
—IDC
—NPV Saving
—Capacity Factor
Methodology: LCOE = sum of discounted lifetime costs ÷ discounted lifetime energy. CAPEX phased across 5 pre-COD years per category with IDC at WACC. Optional: OPEX escalation with MCR bathtub curve, CPI inflation with real-price deflator. All base costs 2024 real prices. Indicative model.

Cost Breakdown

LCOE Composition

Pricing
Choose your analysis depth
From quick exploration to bespoke modelling — get the LCOE evidence your technology needs.
Explorer
Free

Play with turbine and foundation costs. See live LCOE impact.

  • Turbine & foundation top-level sliders
  • Live LCOE calculation
  • CAPEX cost breakdown bars
  • Sub-component detail
  • Downloadable report
Grant Ready
£500 / report

LCOE impact text for grant applications. Quick turnaround.

  • All CAPEX categories + sub-components
  • OPEX & energy production inputs
  • Grant-ready impact paragraph
  • Full LCOE composition chart
  • Sensitivity / tornado charts
Full Analysis
£2,500 / report

Comprehensive LCOE report reviewed and approved by Pelergy.

  • Everything in Grant Ready
  • WACC, lifetime & decom inputs
  • Full sensitivity tornado analysis
  • Pelergy-approved PDF report + 1hr call
Bespoke
Quote

Custom modules: weather sim, campaign modelling, Monte Carlo.

  • Everything in Full Analysis
  • Custom operational simulation
  • ERA5 weather engine & scenario cards
  • Monte Carlo probabilistic output

Stop saying "30% faster" — start saying "£2.30/MWh"

Developers care about LCOE. Quantify your technology's impact in the language that gets adoption decisions made.