Sweden, Denmark In Record Low-Cost Offshore Wind Deal
World's Cheapest Offshore Wind Farm to Power 600,000 Homes
Lorraine Chow, November 14, 2016 (EcoWatch)
“Sweden's Vattenfall set a world record for the lowest price ever paid for offshore wind power…[It] bid EUR 49.9 (or $54) per megawatt-hour to develop the Danish Kriegers Flak, a 600-megawatt offshore wind farm in the Baltic Sea…[T]he average cost of offshore wind is around $126 per megawatt-hour…Kriegers Flak is set for operations by 2022 and will be Denmark's largest offshore wind farm…[It will be able to supply] 23 percent of all Danish households…[puts] the country on track to meet its 2020 goal of getting 50 percent of its power from renewables...[and will eventually transmit renewable energy through the Danish, Swedish, and German] power grids…” click here for more
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