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Browsing the "competitive bidding" Tag

Offshore Wind Costs Down 22% To $126/MWh, According To BNEF

November 1st, 2016 | by Joshua S Hill

The offshore wind industry has seen its global levelised costs of electricity plummet 22% due to competitive bidding, reaching a benchmark estimate of $126/MWh during the second half of this year, according to new figures from Bloomberg New Energy Finance.

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