UK offshore wind prices came in as low as £57.50/MWh ($75.8/MWh/€63.1/MWh) as the latest round of government tendering awarded deals to 3.2GW of projects off the country’s coasts that drove steeper falls in power costs than most expected.
Three projects submitted winning bids in the second round of competition for 15-year deals under the contract for difference (CfD) support mechanism.
