When Dong Energy recently won two German offshore wind projects with zero-subsidy bids, it sent a clear signal to policymakers: offshore wind is not only the obvious choice due to its utility scale and carbon-free output, it’s also becoming the obvious choice for economic reasons.
Let me be clear that zero-subsidy is not the new normal. The two German projects had unique circumstances, most notably the fact we have until 2024 to build them, which allows for the introduction of the next generation turbine in the range of 13-15MW.
