- Dec 8, 2021 2:43 pm GMT
It’s no longer enough to bid zero for offshore wind concessions
It’s no longer enough to bid zero for offshore wind concessions – now you have to pay for the privilege of securing valuable sea acreage. RWE’s victory in Denmark’s 1-GW Thor offshore wind auction will certainly hammer the German’s earnings in the early years, with the utility obliged to pay up to Eur377 million back to the state under contract conditions.
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