Ørsted makes risky decision on 2.9 GW offshore wind — EnergyWatch

Hornsea 3 is being built. After Ørsted’s UK country manager questioned the financial viability of the project in March, the company has made a final investment decision on the 2.9GW secured in the fourth UK CFD round. With a record low settlement price of £37.35/MWh (32.2 pence/kWh),