Looming recession might put a halt to major offshore wind ambitions
Booming demand for offshore wind farms has posed real headwind to the industry. The market needs to expand rapidly amid economic insecurities including an inflationary environment sending prices soaring.
BY ASTRID STRURASON, SHIPPINGWATCH, TRANSLATED BY SIMON ØST VEJBÆK
Political offshore wind ambitions are threatened after increased interest rates, inflation spikes and a lack of ships have made keeping up with the projections a difficult and expensive enterprise for suppliers.
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