Floating offshore wind (FOW) is rapidly gaining interest due to its large potential. In this regard, it is of special interest to determine the best locations for its installation. One of the main aspects when evaluating the feasibility of a project is the levelised cost of energy (LCOE), but there are many variables to consider when calculating it for FOW, and plenty of them are hard to find when the scope is all the suitable areas worldwide. This paper presents the calculation and analysis of the global LCOE with particular focus on the best countries and territories from an economic point of view, considering four types of platforms: semi-submersible, barge, spar, and tension leg platform (TLP). The model takes into account, on the one hand, wind data, average significant wave height, and distance to shore for an accurate calculation of delivered energy to the onshore substation and, on the other hand, bathymetry, distances, and existing data from projects to find appropriate functions for each cost with regression models (e.g., manufacturing, installation, operation and maintenance (O&M), and decommissioning costs). Its results can be used to assess the potential areas around the world and identify the countries and territories with the greatest opportunities regarding FOW. The lowest LCOE values, i.e., the optimal results, correspond to areas where wind resources are more abundant and the main variables of the site affecting the costs (water depth, average significant wave height, distance to shore, and distance to port) are as low as possible. These areas include the border between Venezuela and Colombia, the Canary Islands, Peru, the border between Western Sahara and Mauritania, Egypt, and the southernmost part of Argentina, with LCOEs around 90 €/MWh. Moreover, there are many areas in the range of 100–130 €/MWh.

Floating offshore wind is now receiving much attention as an expansion to bottom-fixed, especially in deep waters with large wind resources. In this regard, improving the performance and efficiency of floating offshore wind farms (FOWFs) is currently a highly addressed topic. The inter-array (IA) cable connection is a key aspect to be optimised. Due to floating offshore wind (FOW) particularities such as dynamic cable designs, higher power capacities, and challenging installation, IA cabling is expected to be a primary cost driver for commercial-scale FOWFs. Therefore, IA cabling optimisation can lead to large cost reductions. In this work, an optimisation with an adaptive particle swarm optimisation (PSO) algorithm for such wind farms is proposed, considering the floating substructures’ horizontal translations and its impact on the dynamic cable length. The method provides an optimised IA connection, reducing acquisition costs and power losses by using a clustered minimum spanning tree (MST) as an initial solution and improving it with the PSO algorithm. The PSO achieves a reduction in the levelised cost of energy (LCOE) between 0.018% (0.022 EUR/MWh) and 0.10% (0.12 EUR/MWh) and a reduction in cable acquisition costs between 0.18% (0.3 M EUR) and 1.34% (3.8 M EUR) compared to the initial solution, showing great potential for future commercial-sized FOWFs.