Tuesday, 19 September 2017

Technology gains spur investment into offshore wind

In the U.K., new offshore wind power is dramatically undercutting new nuclear generation on cost which signals that the sector has become a mature, bankable new segment of the energy sector. The lowest successful bids in last week’s auction results at €63 ($83) per MWh, were 50% less than a corresponding UK auction in 2015.

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