Saudi project sets new record low price for onshore wind power
The 400 MW Dumat Al Jandal wind project in Saudi Arabia has achieved a new record for the lowest levelised cost of energy (LCOE) for onshore wind power, closing in at 1.99c/kWh.
The utility-scale wind farm project is the first of its kind in Saudi Arabia and was awarded to a consortium led by EDF Renewables and Masdar in January this year.
The winning bid of 2.13c/kWh was, at the time, a record low for the Middle East and North Africa region in onshore wind power projects.
At the time of financial close, the project had made a 6.5% gain on LCOE, which Saudi Arabia’s National Renewable Energy Program (NREP) says is “a global record price for onshore wind generated electricity”.
Expected to be in commercial operation by 2022, the $500-million project will create 800 jobs in the construction phase with a further 150 jobs in operation and maintenance. The wind farm will generate enough power to supply 70 000 homes in Saudi Arabia.
The average yearly generation from the wind plant is expected to be around 1.4 TWh.
The project was part of Round 1 of the NREP, Saudi Arabia’s long-term, renewable energy programme designed to balance the domestic power mix while working towards carbon reduction commitments.
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