Business - 17/March/2017

Less risky tender model promises more cost cuts

Denmark’s offshore wind tender model is being looked to as a shining example of how to drive down cost through proactive government action. Others may adopt the market model, too.

Denmark’s tender model for development of offshore wind is being looked to as a shining example of how to drive down cost by removing risk. Sharp price competition is delivering record low bids. A common tender approach across Europe would further lower costs ...

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