Insight
Dutch tender challenges conventional thinking of offshore wind
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Report summary
This insight offers a comprehensive analysis of the 759MW Dutch offshore wind tender, Hollandse kust Noord (HKN), which was announced 29 July 2020. The analysis explains what happened and why it happened by doing a deep-dive on zero-subsidy dynamics, structure of the tender, strategies of the bidding developers, supply chain assessment, and LCOE and IRR analyses. Lastly, the insight analyses the Dutch centralized tender model and discusses the outcome and implications of the HKN tender.
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