It is “bizarre” that Germany is hitting the brakes in offshore wind development at a time that zero-subsidy bids are making the technology the most affordable among renewables, said Samuel Leupold, Dong Energy’s vice president of wind power

Dong and German utility EnBW in Germany’s first offshore wind tender in April won a combined 1.38GW in offshore wind acreage with subsidy-free bids, meaning the utilities will only receive the wholesale electricity market price when their projects are commissioned in the mid-2020s.