02 Jul '17, 6am

Vattenfall will not build subsidy-free offshore wind yet: CEO

Vattenfall will not build subsidy-free offshore wind yet: CEO Vattenfall, one of the world’s leading offshore wind developers, says it is not at the point where it would offer to build subsidy-free projects that rely on the future market price of electricity alone — like those recently seen in Germany. It also believes that governments might stop accepting zero-subsidy tender bids because of the risk that such projects may never be built, Vattenfall chief executive Magnus Hall tells Recharge . “If you feel your own price expectations are covering your

Full article: http://www.rechargenews.com/wind/1293280/vattenfall-will-...

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