Vattenfall country manager rejects any suspicion of price dumping

INTERVIEW: Vattenfall will make acceptable – but not exactly golden – returns in Kriegers Flak, in spite of the all-time low winning price, says country manager in Denmark. The foundation for the low price is faith in wind turbines of more than 8 MW.

Photo: Dong Energy

Vattenfall ensured victory for the Swedish company this Wednesday in the tender for coming Danish offshore wind farm Kriegers Flak of 600 MW. The winning bid was an all-time low of DKK 0.372 (EUR 0.049) per kilowatt-hour.

This is an obvious world record and much cheaper than prices for other farms previously won by Vattenfall. At the same time, it is also significantly below the price from when Danish rival Dong Energy won the auction this summer for two Dutch wind farms Borssele 1 and 2 of 700 MW. This price came to DKK 0.54 per kilowatt-hour, which was described as historically low at the time.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs