Vattenfall is not ready to ditch its offshore training wheels

The CEO thinks that people will question whether Dong and EnBW actually wind up constructing the projects for which they won the rights in the German offshore wind tender this spring. He himself would not be prepared to take on a similar venture.

by MAZ PLECHINGER

After two months of consideration, Vattenfall has determined that the Swedish utility is not currently ready to bid on offshore wind projects with zero-subsidy bids, says the company's CEO Magnus Hall to Recharge.

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