UK offshore wind cheaper than nuclear energy for the first time.

UK offshore wind cheaper than nuclear energy for the first time.

This week UK offshore power prices have been cut in half in less than three years. Eleven new electricity projects, totalling more than 3 gigawatts were awarded contracts by the UK Government in the second round of the CfD auctions. Amongst the contracts, DONG Energy will deliver its Hornsea Two project with capacity of 1,386.00 MW for the […]

EDPR and ENGIE awarded long-term CfD for 950 MW offshore wind project in UK.

EDPR and ENGIE awarded long-term CfD for 950 MW offshore wind project in UK.

EDP Renováveis, S.A. (“EDPR”) and ENGIE are pleased to announce that, a joint venture company currently owned by EDPR (77%) and ENGIE (23%), has been awarded a 15-year Contract for Difference (CfD) [1] for the delivery of 950 MW of offshore wind generation at £57.50/MWh (in real 2012 terms). The contract was awarded by the UK’s Department for Business, Energy & Industrial […]

EDPR secures PPA for new 200 MW wind farm in the US.

EDPR secures PPA for new 200 MW wind farm in the US.

EDP Renováveis, SA (“EDPR”), through its fully owned subsidiary EDP Renewable North America LLC, signed a 15-year Power Purchase Agreement to sell the energy produced by a 200 MW wind farm in the state of Iowa, with start of operations expected for 2018. With this new arrangement EDPR has already signed 1.0 GW of PPAs […]