Europe’s Offshore Wind Industry Needs a Lifeline
Developers are pushing for fixed prices to bring down costs and spur investments.
Wind turbines off the coast of Clacton On Sea, UK.
Photographer: Carlos Jasso/BloombergThis article is for subscribers only.
Welcome to our guide to the energy and commodities markets powering the global economy. Today, reporter Will Mathis looks at the mounting calls for support from Europe’s offshore wind sector.
At a time when geopolitics underscore more than ever the need for energy security, the developers of one of Europe’s most abundant natural resources are sounding the alarm.