European governments should shift their focus away from mechanisms such as windfall taxes and instead do more to help massive amounts of new green power into the system that would itself drive down electricity costs, said the chief financial officer (CFO) of wind giant Vestas.

Hans Martin Smith told Recharge that cracking the issue of slow and complex permitting for new renewables is a better target for policymakers than measures he claimed had actually introduced uncertainty over returns on badly needed investment in new plant.