28 Apr '18, 11am

Cost reduction continues in offshore, but zero bids not the rule

The outcome of Germany’s 1.61GW second offshore wind tender for pre-developed sites shows two things: first, a too fast and potentially ruinous downward price spiral has been halted. Secondly, winning prices are still low enough to allow for a much more ambitious expansion of wind at sea. After 1.38GW in offshore acreage in Germany’s first offshore wind tender last year had been won by zero bids (out of 1.49GW on offer), and the Netherlands recently tendered off up to 750MW in a pure zero subsidy auction, there was concern in the sector that the downwards price pressure could weed out smaller developers. Only very large utilities or oil majors with big financial cushions and the muscle to push down prices through economies of scale or the capacity to cross-finance projects could still win at auctions, it was feared. With an average price for six winning bids in the North a...

Full article: http://www.rechargenews.com/wind/1480806/cost-reduction-c...

Tweets

Read @rechargenews on #markets: WPD and @Orsted...

rechargenews.com 30 Apr '18, 8am

Taiwan’s economics ministry has awarded European companies Wpd, Orsted and Copenhagen Infrastructure Partners the bulk of ...

Zinke Seeks to Make Offshore Drilling More Dang...

sierraclub.org 27 Apr '18, 6pm

Washington, DC -- The Department of the Interior today unveiled a proposal, to be posted to the Federal Register next week...

A play of greys. New #RoyalOakOffshore.

audemarspiguet.com 28 Apr '18, 12pm

Slate grey dial with “Méga Tapisserie” pattern, silver-toned counters, Arabic numerals with luminescent coating, white gol...

Short on time? Grab your clubs and Play 9️⃣! #P...

usga.org 08 May '18, 7pm

The USGA promotes and conserves the true spirit of the game of golf as embodied in its ancient and honorable traditions. I...

How to Turn Net Zero Buildings into Positive Te...

gbdmagazine.com 28 Apr '18, 4pm

An engaging example of the need to educate while we design is the new Joyce Centre for Partnership & Innovation at Mohawk ...

6 Months of Zero

cleantechnica.com 06 May '18, 2pm

To be fully open: The DS is the first modern bike I’ve owned. Although I had the chance to ride many modern bikes — varyin...