The Netherlands may become home to the world’s cheapest offshore wind farm in as little as 10 years, according to the nation’s government. Plans for a 700 MW wind farm are coming together and, after considering 38 bids from developers, the cost of the Borssele offshore wind farm is now estimated to run $2.9 billion less than originally thought. Additionally, the wind farm will have a higher output, producing 22.5 percent more electricity than anticipated