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The main factor that withholds the development of floating wind power is its high LCOE. The main factor in LCOE is the weight of the substructure, especially of the steel components.
In SusFloat, the weight is significantly reduced by a structural concept is which the turbine is suspended on an offset floating ring by strings. The floating ring is composed of relatively large number of relatively small concrete buoys.
Also the air pollution involved in the fabrication of steel is reduced.
Other factors in LCOE are the required port facilities, transportation facilities, lifting facilities and the complexity of the installation processes. These are reduced due to the rapid connections between components and due to the high level of modularity.