Close
Close

Published

Fresh parity contracts show times are changing in UK offshore wind

At the tail end of last week, a number of publications picked up on the latest offshore wind auction, and pricing went as low as £39.65 (around $50). This was for around 5.5 GW of offshore wind capacity. This is a big step down from the last auction in 2017 which settled at £57.50 ($71). Companies which won biggest winners (PDF) included SSE, Equinor and Innogy. Actually a combined bid by SSE (Scottish and Southern Energ) and Equinor won multiple bids, three projects for offshore wind in the Dogger Bank region of the North Sea at Creyke Beck A and B, and Teeside A, which between them offer a total capacity of 3.6 GW. The joint venture will be seeking…

Close