After Dutch and Danish tenders produced the lowest ever prices for offshore wind late last year, the sector is eagerly watching to see if this trend will continue at large upcoming auctions.

And with some 3GW of capacity due to be auctioned off in April in UK and German waters, the wait will not be long.

“We would be extremely surprised if we don’t see record-low prices in both markets this year,” WindEurope chief executive Giles Dickson tells Recharge.