Offshore wind power is becoming significantly more expensive for German industry

The German coalition government is failing to make renewable energy more affordable for industrial users. The most recent auction of licenses for the operation of offshore wind farms in seas near Germany culminated in €12.6Bn total bid by BP and TotalEnergies, to build 7GW of wind-generation capacity. Experts say this signals higher costs for energy: … Continue reading Offshore wind power is becoming significantly more expensive for German industry