Compared to Danish Dong Energy and Sweden's Vattenfall, Canadian Northland Power is still a very new addition to the offshore wind market.
Although the company has been involved in some projects – including the 332 MW German Nordsee 1 farm – there is still a long road ahead to reach the level of the two Scandinavian behemoths which are currently in the midst of an intense price war in European offshore auctions.
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Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.