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Wind Denmark has confirmed that Thor, Denmark’s next large-scale offshore wind project, will be awarded after a UK-style Contract for Difference (CfD) auction.
Thor will also differ from previous offshore windfarms in Denmark in that the network connection will also be included in the bid price. As a result, the developer will not only build the windfarm but also establish the grid connection and the transformer substation.
Wind Denmark said the CfD approach means wind resources in Denmark can be “harvested in a cheap and competitive way”. “If the...
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