This is an example case study for provision of 50% of the current electrical needs of the Isle of Man, using 5 offshore wind turbines. Cost per MW installed are based on 3 recent installations in UK waters (note: they are considerably larger and may offer economies scale plus costs may be affected by change on sterling value). See p.34 of:
Fuel savings from recent Manx Utilities accounts (see p.35):
Calculations assume 15 year investment (capital depreciation over 15 years).

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