Vattenfall rejects logic of negative offshore wind prices

Energy islands of double-digit GW capacities in the North Sea are credible due to approaching political momentum and offshore wind prices. Lower bids than the ones coming will, however, not lead to cheaper power, says Vattenfall's head of offshore wind.
Photo: Vattenfall
Photo: Vattenfall

Michael Simmelsgaard lets out a strained chuckle. Vattenfall's country manager for Denmark and head of offshore wind is perfectly aware of the looming question. It might not be entirely wrong to state that he himself carries some of the blame.

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