Offshore Wind Industry Update

Auctions in 2016 for future projects have reached costs of €54.5 per megawatt hour (MWh) at the 700 MW Borssele 3&4 due to government tender and size, and €49.90 per MWh (without transmission) at the 600 MW Kriegers Flak. They estimate that the levelized cost for fixed-bottom offshore wind will decrease from $75 per megawatt-hour

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