120 MW
McKinsey & Company 2
Onshore wind -45%
LCOE, USD/MWh
55
Winning onshore wind bids
51 48 44
-45%
37
30
2015: Neoen 2015: Various 2016: Various 2016: Various 2016: EGP/GR 2016: Various
Resource expenditures as share of global GDP, Percent 7
Crude oil Natural gas
Thermal coal Iron ore
Copper
65Biblioteka 4321
0 1900
1910
1920
1930
1940
1950
1960
1970
1980
1990
CONFIDENTIAL AND PROPRIETARY Any use of this material without specific permission of McKinsey & Company is strictly prohibited
PV auctions ~50% price drop
DNS Vesterhav Nord/Syd (Sep’16)
Borssele 3+4 (Dec’16)
Danish Kriegers Flak (Nov ’16)
McKinsey & Company 4
And Battery costs continue to fall, faster than expected