Wind Power: Seas and Oceans

Department for Business, Energy and Industrial Strategy written question – answered on 15th September 2021.

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Photo of Steven Baker Steven Baker Conservative, Wycombe

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the average capital cost per megawatt of capacity is for UK offshore wind farms that (a) were commissioned in the last five years, (b) are due to be commissioned in the next five years and (c) was assumed in his Department's 2020 Cost of Electricity Generation report.

Photo of Anne-Marie Trevelyan Anne-Marie Trevelyan Minister of State (Business, Energy and Industrial Strategy) (Energy and Clean Growth), The Secretary of State for International Trade and President of the Board of Trade

The Department’s 2020 Cost of Electricity Generation Report[1] presents forecasts from 2025 to 2040. In response to point (c), the capital costs assumed in the report are £1.95million per megawatt capacity, in 2018 prices, for a UK offshore wind farm commissioning in 2025. The above can also be taken as the Department’s assumption for (b), wind farms that are due to be commissioned in the next five years.

The Department does not hold historic project data on (a), capital costs for UK offshore wind farms commissioned in the past five years.

[1] https://www.gov.uk/government/publications/beis-electricity-generation-costs-2020

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