CIP partner predicts changes for offshore wind trend
Larger turbines are a necessary but insufficient condition for creating lower offshore wind prices. That logical claim has been the primary explanation for offshore wind's dramatic price decline in recent years, where prices in Europe have decreased from EUR 0.13 per kWh, and subsidy-free offshore wind is now being discussed in various corners of Europe. Even though other factors also play a role, the expectation of using next-generation wind turbines was, for instance, one the key causes for Ørsted's well-publicized zero-subsidy bid at a German auction held last year.
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