Offshore wind energy is now competitive without government subsidies

The Danish wind energy giant Dong has won the rights to build two new wind farms in the German North Sea without any government subsidies. The move represents a major milestone for the offshore wind industry, which has relied on support from European governments. The zero subsidy bid is a breakthrough for the cost competitiveness of offshore wind, and it demonstrates the technology’s massive global growth potential as a cornerstone in the economically viable shift to green energy systems.

Solution News Source

Offshore wind energy is now competitive without government subsidies

The Danish wind energy giant Dong has won the rights to build two new wind farms in the German North Sea without any government subsidies. The move represents a major milestone for the offshore wind industry, which has relied on support from European governments. The zero subsidy bid is a breakthrough for the cost competitiveness of offshore wind, and it demonstrates the technology’s massive global growth potential as a cornerstone in the economically viable shift to green energy systems.

Solution News Source

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