EnergyWatch

French tender is excellent news for the wind industry

The price of EUR 50 per MWh is only a fourth of that at the most recent tender in 2014. The competitive prices show that the French market is ready for even more offshore wind, says Wind Europe.

Photo: Siemens

Things are looking brighter for the wind industry in France, says trade association Wind Europe after an EDF-headed consortium with Enbridge and Innogy won Friday's tender for an offshore wind farm of 600 MW in Dunkerque.

With a winning bid of less than EUR 50 per MWh over a 20-year period, the tender manifested a landmark price drop in France, where the most recent tenders in 2012 and 2014 landed at around EUR 200 per MWh.

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

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs