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UK offshore down to £39.65/MWh, with 5.4GW awarded

UK offshore down to £39.65/MWh, with 5.4GW awarded

Offshore wind strike prices fell by almost a third, with nearly 5.5GW awarded across six offshore wind farms in the UK's latest contracts for difference (CfD) tender.

'Price cannibalisation' warning after UK tender

'Price cannibalisation' warning after UK tender

Offshore wind prices were reduced by nearly a third in the UK's third contract for differences (CfD) tender, but falling market prices could dampen the effect of these cost reductions by the time the successful projects come online, an industry analyst has warned.

Virginia utility plans 2.6GW-plus offshore wind farm

Virginia utility plans 2.6GW-plus offshore wind farm

Virginian utility Dominion Energy has announced plans for a 2.6GW-plus offshore wind project that it hopes to fully commission by 2026.

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In Depth

Further US setback as Vineyard delayed -- updated

Further US setback as Vineyard delayed -- updated

The 800MW Vineyard Wind has been delayed as a result of a federal review into offshore wind's impact on the US. Will offshore wind ever truly take off in the country?

Macquarie benefits from Unicredit's Bard Offshore 1 write-off

Macquarie benefits from Unicredit's Bard Offshore 1 write-off

What has Macquarie Infrastructure and Real Assets (MIRA) bought in its takeover of Ocean Breeze Energy, owner of the 400MW Bard Offshore 1 project in the North Sea?

Ørsted's US win a "vindication", says WoodMac

Ørsted's US win a "vindication", says WoodMac

Having struggled to succeed since it entered the US market in April 2015, the fact that Ørsted now has over 3GW of contracted wind capacity is a "vindication" of its decision to cross the Atlantic, says Wood Mackenzie Power and Renewables (WMPR) senior analyst Anthony Logan.

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