IN DEPTH: EnBW says offshore wind is the answer

But while the likes of E.ON, RWE and Vattenfall are struggling with their energy transitions — generating less than 10% of their electricity from renewables — EnBW is leading the way, generating 19%. The publicly owned utility has set aside €3.5bn ($4bn) to raise that to 40% by 2020.

“For a company of our size and scope of activities that is a quite substantial sum and shows — I think EnBW Baltic 2 is an example of this — how serious we are about it,” chief executive Frank Mastiaux told Recharge at the inauguration of the 288MW offshore wind farm in the port of Stralsund.

Although