What is FLAGSHIP?
FLAGSHIP is a Horizon 2020 project that aims to reduce the Levelized Cost of Energy (LCOE) for floating offshore wind to the range 40-60 €/MWh by 2030.
The initiative will develop and fabricate the first 10 MW Floating Offshore Wind Turbine (FOWT) assembled on a floating semi-submersible concrete structure in the Norwegian North Sea.
This demonstration project will manage a 25 million euros funding during its 4 years duration, aimed at optimizing floating offshore wind towards commercialization.
The initiative kicked off the 1st of September of 2020 and it will be coordinated by Iberdrola until its ending in 2024.
The project will build a robust and innovative semi-submersible concrete floating platform that includes an easy-to-install anchorage design, innovative mooring designs and configurations, as well as new cable designs with optimized installation and life management procedures.