CIP: No fundamental crisis for offshore wind

Although some offshore wind projects are severely challenged, the industry is not the problem, says CIP, blaming short-term political measures instead. 
A major problem for the offshore wind sector is too short-term political optimization, says CIP chief. | Photo: Thomas Traasdahl
A major problem for the offshore wind sector is too short-term political optimization, says CIP chief. | Photo: Thomas Traasdahl

Ørsted has lost around 30% of its market capitalization in less than a week after the company announced on Wednesday last week that up to DKK 16bn in write-downs on offshore wind projects in the US could be on the horizon. 

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