Mads Nipper criticizes competitors
BP's bid in last year's UK licensing round was unsound, while it's also doubtful that Shell's US project will be economically viable, says Ørsted CEO, adding that he hopes a few a of the poached top profiles from the Danish utility will bestow some realism among their new employers.
BY MAZ PLECHINGER, TRANSLATED BY DANIEL FRANK CHRISTENSEN
It's been something of a fixed and ominous mantra for the offshore wind sector for quite of few years now: Oil majors are coming, and they will use their endlessly deep pockets to squeeze the industry's pioneers out of the market. During this last year, a series of oil outfits have also secured a sizeable volume of projects and site leases.
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