We’ve heard a lot about record-low prices in utility-scale solar. Get ready for more records in offshore wind. In the last two months, we’ve seen offshore project developers in Europe bidding for pennies per kilowatt-hour — easily beating 2020 price estimates.
Now the Europeans want to export that learning to America. In this week’s episode, we’ll look at how the two markets compare — and why some of the market and policy conditions that favor offshore wind developers in Europe don’t exist in the U.S.
