For many years, offshore wind was the expensive cousin of onshore wind with generation costs in the range of 150 to 200 US dollars per megawatt hour (MWh). This changed dramatically between 2016 and 2017 when a series of competitive tenders in Europe witnessed strike prices fall below 100 US dollars per MWh, culminating in projects that bid into merchant markets with no subsidy at all. Prices have continued to drop thanks to technological improvements...
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DETAILS
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2021/01/31
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ESMAP Paper
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143162
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29
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2021/02/01
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Disclosed
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Technical Potential for Offshore Wind in South Africa - Map
Citation
Going Global : Expanding Offshore Wind to Emerging Markets (Vol. 29 of 66) : Technical Potential for Offshore Wind in South Africa - Map (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/740871572465112219