http://www.energymarketprice.com/SitePage.asp?act=NewsDetails&newsId=21431

Vattenfall to build the largest offshore wind farm in the Nordics

10/11/2016

Vattenfall has won a tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea, with a record low bid of EUR 49.9 per MWh, bringing down the costs for renewable energy.

Kriegers Flak is set to be the largest offshore wind farm in the Nordics and could supply electricity to 600, 000 Danish households upon completion, corresponding to 23 percent of all households in Denmark. The wind farm is part of Denmark’s Parliament decision to shift from non-renewable or fossil fuels to a completely renewable resources dependent country by 2050. As part of the agreement, it decided to build three major offshore wind farms. The wind farms include Horns Rev 3, Danish Near Shore and Kriegers Flak. Vattenfall has won the development tenders for all the three wind farms. Vattenfall’s investment in Kriegers Flak wind farm will be EUR 1.1 – 1.3 billion, pending a final investment decision.
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