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New record for cheapest offshore wind farm
The cost of building offshore wind farms has fallen to a new low, with Sweden's Vattenfall winning contracts to build two projects in Danish waters for just over £51 per megawatt-hour (MWh). That undercuts a previous record set by Dong Energy which in July won a contract for a project in the Netherlands at £66.70/MWh. Although the prices are not directly comparable with those awarded in the UK, because they exclude grid connection costs which can be up to £23/MWh, they are nevertheless substantially cheaper than the most recent UK deals, awarded early last year for about £120/MWh.
Abstract details
Websites:
http://www.telegraph.co.uk/business/2016/09/14/new-record-for-cheapest-offshore-wind-farm/
Journal title: Daily Telegraph
Keywords: Offshore wind farms
Countries: Denmark -
Organisation: Vattenfall
Subjects: Offshore wind power, Cost reduction
