Offshore Wind Is Struggling. One Major Player Isn’t Worried
Improving economics mean the wind industry “will work out,” Copenhagen Infrastructure Partners founder Jakob Baruël Poulsen says on this week’s Zero.
Offshore wind turbines at the Middelgrunden wind farm off the coast of Copenhagen, Denmark.
Photographer: Carsten Snejbjerg/BloombergThe growing push for clean energy should have made the wind industry a global darling. But rising costs, supply chain hiccups, delayed approvals and other economic hurdles mean that many of the world’s largest players in renewables are struggling to build and deploy wind turbines fast enough to keep up with climate goals.
Jakob Baruël Poulsen isn’t worried, though. Copenhagen Infrastructure Partners, where Baruël Poulsen is a founder and currently managing partner, has more than 150 gigawatts of renewable projects in its pipeline — equivalent to the entire electricity generation capacity of the UK.