Denmark’s newest offshore wind park has beaten all earlier offshore price records – this is great news for the electricity customers and it’s also great news for the European wind industry.
Sweden’s Vattenfall submitted the lowest bid for Kriegers Flak at €49.90 ($53.50) per MWh for 12 years, and fended off five other competitors. The bid beat all expectations – when the current Danish Energy Agreement was signed in 2012, the bid for this wind park was expected to come in at over €120/MWh.
