The cost of offshore wind has dropped by 32% from this time last year according to ongoing research performed by Bloomberg New Energy Finance (BNEF). they have also found that the cost f offshore wind has dropped 12% in 2019 alone! BNEF have updated their Levilised Cost of Energy (LCOE) and have found that the … Read more
Offshore wind has smashed another target, and blown all other technologies out of the water in the recent UK auction. Four projects in the Dogger Bank (approximately 100km off the coast away from public scrutiny of “destroying” the view) won 5GW of capacity at a strike price between £39.65 to £41.61 per MWh from 2023 … Read more
The construction of the world’s first zero subsidy offshore wind farms in coming years is expected to render coal-based power plants unviable in the Netherlands, leading to their closure much before an official ban on them begins in the country in 2030, GlobalData said. The closure of these plants should lead to an increase in … Read more