“Why offshore wind power becomes substantially cheaper”
Welt Online
German offshore wind power costs are set to fall significantly, due to industrialisation of the sector, more efficient turbine construction, the switch from feed-in tariffs to auctions, and better coordination with grid operators, Olaf Preuß writes for Welt Online. At an industry conference in Hamburg, Vattenfall wind power head Gunnar Groebler said the Swedish energy company’s successful bid of 50 euros per megawatt hour (mWh) to build the Kriegers Flak offshore wind park in the Baltic Sea would be “a profitable project.” For installations still eleigible for guaranteed renewables support, Germany pays 110 euros/mWh including grid fees to investors for 20 years, Preuß explains.
See the article in German here.
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