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Oil Producers Turn to Wind Power

By ZEKE TURNER and SARAH KENT

Updated Dec. 26, 2016 7:36 a.m. ET

The Netherlands wants to build the world’s largest offshore wind project, and an unlikely company is helping: Royal Dutch Shell PLC.

A Shell-led consortium won a bid this month to build and operate a portion of the Netherlands’ giant Borssele wind project in the North Sea. Once complete, the Shell-built section will generate enough power for roughly a million homes at a price of €54.5 ($56.95) per megawatt hour—a customer rate approaching that of cheaper power sources like coal or gas.

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