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European offshore wind players pledge 30% price drop for 100GW CfD pipeline

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WindEurope has called for a decade-long 100GW pipeline of contracts for difference (CfDs) in an offshore wind deal backed by Europe’s wind industry. In return, the likes of Ørsted, RWE, Siemens Gamesa and GE Vernova have vowed to work to cut prices and create jobs.