In little more than a decade, the pendulum has swung from hope to despair and back again. The bright-eyed optimism of the early years of the century, when it seemed that the potential of the industry was practically unlimited, gave way to growing horror at capital costs that increased rather than fell with every installed megawatt.
But the sector has learned from its mistakes, and a more realistic and mature industry is emerging — one that is working together to push costs down and guide offshore wind to its rightful place in the energy mix.
Another
