Market leader wants price cap on US offshore wind tenders after recent auction

Auctions ending at multi-billion-dollar price levels are slowing US expansion of offshore, says Ørsted executive after the New York Bight auction, where the Danish utility nonetheless seems willing to pay USD 400m for a license.
Photo: Ørsted
Photo: Ørsted
BY MAZ PLECHINGER & VICTOR EMIL KRISTENSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN

On Sunday, a special item was auctioned and sold for USD 518,1000, the price the buyer paid for the ball US football star Tom Brady held when he in January scored the final touchdown of his career – or at least until next time. Merely hours after the gavel struck, the quarterback announced that he would not go through with plans to retire from the sport.

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