DONG Energy wins tender for Dutch offshore wind farms

The Netherlands’ Minister of Economic Affairs has awarded DONG Energy the concession to build the Netherlands’ offshore wind farms Borssele 1 and 2. DONG Energy won the concessions with an average bid strike price, excluding transmission costs of 72.70 EUR per MWh during the first 15 years of the contract. After that, the wind farms will receive the market price. Only four years ago, DONG Energy set an ambitious 2020 cost target of reaching EUR 100 per MWh over the life-time of a wind farm – the so-called levelized cost of electricity – including transmission costs. This target, which was later adopted by the offshore wind industry, has now been reached. ….