IEA: Fall in offshore wind costs may be steeper than seen in solar, but European OEMs could lose out to Chinese

International Energy Agency boss Fatih Birol tells digital event that he expects massive price reductions in offshore wind, but that the pioneering European manufacturers will face growing competition from Asia

IEA executive director Fatih Birol, left, speaking to Giles Dickson on WindTV at the WindEnergy Hamburg event.
IEA executive director Fatih Birol, left, speaking to Giles Dickson on WindTV at the WindEnergy Hamburg event.WindEurope/Hamburg Messe
Published 1 December 2020, 10:43Updated 1 December 2020, 12:34