Vattenfall, a Stockholm, Sweden-based renewable energy company, says it has won the Danish nearshore wind tender (DNS) and will develop two wind farms with a total capacity of 350 MW in the offshore area outside Hvide Sande and Thyboron, on the west coast of Jutland.
According to the company, Vattenfall submitted a 0.475 kr/kWh bid for two sites named Vesterhav Syd and Vesterhav Nord. Prior to construction start, Vattenfall needs a final approval from the Danish government.
Magnus Hall, Vattenfall’s CEO, said, “This is a major step for our company in respect of our sustainability aspirations. We previously announced that we wish to invest EUR 5 billion in sustainable development over the next five years and increase our wind power production in all countries where we are present.”
Hall continued, “We have been involved in wind power in Denmark for almost 20 years now, and this is an important achievement for our portfolio, as it enables us to provide sustainable energy for 375,000 households.”
“With our bid for DNS, we have demonstrated that we are able to reduce the costs of offshore wind faster than had been expected – only a few years ago. This again proves that renewable energy is going to be competitive, and Denmark and Vattenfall are in the lead when it comes to renewable energy. We contribute to this growth, and we will continue to do so for the next few decades,” said Gunnar Groebler, head of Vattenfall Wind.
With the DNS, Vattenfall says it will be the biggest owner and operator of wind in Denmark.
Vattenfall will initiate the final preparations for the establishment of the wind farms, including procurement of main components and services (e.g., wind turbines, foundations and cables, and installation vessels), optimization, and final design of the wind farms, with the aim to start construction in 2019 and produce the first power in 2020.
Vattenfall has created 2,265 MW of wind production capacity (904 MW onshore and 1,325 MW offshore) distributed across several countries, including Denmark, Germany, the Netherlands, the U.K. and Sweden.
Guys you really have got to be joking!
0.475Kr/kWh at 7.97 Kr/$ is 6 US cents per kWh, or $60 / MWh.
This is a world record price for any wind power in the sea, and you haven’t even converted it into the dollar equivalent and put it in the headline! Sure it is “near-shore” and probably doesn’t include some costs normally covered by the bidder, but even so you have surely downplayed this hugely.
Why not feature it in a weekly newsletter properly?