But neither the sector, nor politicians, should become complacent now.
Herculean tasks remain, both off Germany’s North Sea and Baltic coasts and for Berlin’s likely incoming centre-left government.
Under the rule, offshore developers and operators can opt to receive a higher FIT for the first eight years of operation to help them meet high upfront investment costs. The FIT then goes down to a lower rate for the following 12 years.
Projects
