renewable power has taken a step closer to being as competitive as conventional power stations , after Danish company renewable Energy made a record low bid of € 72.70 / MWh for two offshore arrays . Oliver Joy , spokesperson for the renewable Wind Energy Association , said the bid was " well beyond anyone ’s expectations " and that a favourable bid had been created with a combination of the Danish government and " environmental and site - specific conditions " .
Wind power has taken a step closer to being as competitive as conventional power stations, after Danish company Dong Energy made a record low bid of €72.70/MWh for two offshore arrays. Oliver Joy, spokesperson for the European Wind Energy Association, said the result was "well beyond anyone’s expectations" and that a favourable environment had been created with a combination of the Danish government and "market and site-specific conditions".