2018-10-17
http://w3.windfair.net/wind-energy/news/27724-windeurope-vattenfall-offshore-netherlands-susidy-wind-energy

WindEurope Hails Zero-Subsidy Decision

Image: WindEuropeImage: WindEurope
Giles Dickson: “Wind energy is showing again and again that it can deliver ever more capacity for less cash."
Keywords:
WindEurope, Vattenfall, offshore, Netherlands, susidy, wind energy

World’s first offshore wind farm without subsidies to be built in the Netherlands

Wind Industry Profile of
World’s first offshore wind farm without subsidies to be built in the Netherlands

Official Press Release WindEurope:

The Dutch Government has awarded Vattenfall in a tender to develop the twin Hollandse Kust Zuid offshore wind farms. The two 350 MW wind farms, to be built by 2022, will be the world’s first to be built without public subsidy.

The costs of offshore wind in Europe have been falling dramatically in recent years as manufacturers bring ever larger turbines to the market. Going zero-subsidy means the wind farms will sell their electricity on the wholesale power market instead of relying on a revenue stabilisation scheme (e.g. a Contract for Difference) that locks in a fixed revenue. The news follows the zero-subsidy offshore wind tender in Germany last year that was a landmark for... ... More: Official Press Release WindEurope







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