“Production costs for green power from German offshore wind parks fall drastically”
Renewables support for German offshore wind power will be “considerably below 10 cents per kilowatt hour” (ct/kWh) for the upcoming auctions, according to experts of business consultancy PwC. “The times of exploding costs for offshore projects have come to an end,” said PwC’s renewables expert Heiko Stohlmeyer in a press release. PwC proposes that the German government raises its target corridors for offshore wind power expansion.
Read the press release in German here.
For background read the CLEW factsheet EEG reform 2016 – switching to auctions for renewables.