EnergyWatch

Subsidy-free wind power possible in USD 2.7 billion Dutch auction

A USD 2.7 billion Dutch auction could see subsidy-free wind take off in a second country.

Photo: Windpark Noordostpolder

Subsidy-free renewables could appear in a second country after an auction this week in the Netherlands, which is seeking about USD 2.7 billion to develop a giant offshore wind farm.

The government on Friday will receive bids to install 700 megawatts of turbines on the seabed off its southwest coast near The Hague, enough to supply about 1 million homes. Once the most costly of the mainstream clean-energy technologies, offshore wind costs have plunged sharply in the past two years as manufactures brought out bigger turbines.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs