The project is the cheapest offshore wind deal to date and maintains the trend of rapidly falling costs in offshore wind power. The winning bid cited one of the lowest costs in the world for offshore wind power
Wind industry trade association WindEurope has welcomed the result of the tender.
“This is an encouraging development” said WindEurope CEO Giles Dickson. “It confirms the recent trend of rapidly falling offshore wind costs in those countries that have tendered projects this year. The price is significantly lower than anything we’ve seen before but it’s not a new benchmark. Every project is different, and countries share the costs differently, so you’re comparing apples and pears. But the trend is clear – offshore wind is fast becoming competitive with other forms of electricity.”
Kriegers Flak in the Baltic Sea will be Denmark’s largest offshore wind farm and will supply 600,000 Danish households with renewable energy. Vattenfall’s investment in Kriegers Flak will be somewhere between 1.1 billion and 1.3 billion euros, pending a final investment decision. It’s the Danish part of what will eventually be a very large Danish-German offshore infrastructure development with separate wind farms and interconnectors that will link both countries, to include Horns Rev 3 and Danish Near Shore alongside Kriegers Flak. Vattenfall has won the tenders for all three projects.
Image: Vattenfall's Ormonde offshore wind farm
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