Nysted Wind Farm

Rødsand I was built in 2003, with 72 turbines and a total capacity of 166 MW, and was the largest in the world until 2007. Turbines were installed by A2SEA. It receives 45 øre per kW·h for the first 42,000 full-load hours, which is about 11 years. causing a production loss of 23 million DKK per month. In September 2010, DONG bought E.ON's 20% share and sold half of the entire project to pension fund PensionDanmark for 700 million kroner (€94 million / US$120 million) — almost half the DKK1,600 million cost. Stadtwerke Lübeck also owns a share. it has an availability of 97 percent. ==Rødsand II==

In 2010, a 207 MW extension of the existing wind farm was installed by E.ON at a stated cost of EUR450m and a power purchase agreement at DKK 0.629 per kW·h (US$0.12/kW·h). It was originally scheduled to be completed in 2011, but installation happened faster than projected, and on 15 July 2010, E.ON reported that all turbines had been installed and the majority were supplying power to the Danish grid. On 3 August, E.ON reported that the wind farm was ready and went into operation, three months ahead of schedule. Rødsand 2 was inaugurated on 12 October. In November 2013, local power company SEAS-NVE bought 80% of Rødsand 2 for a price of DKK 2.8 billion and thus valuating the wind farm at DKK 3.5 billion. ==See also==