EnergyWatch

Dong ready for German price war over offshore wind

It will be critically important for Dong to wind the upcoming tender for German offshore wind. The company feels well prepared.

Photo: Fred.Olsen Windcarrier

A price war has been sparked on the German offshore wind market, as German politicians are hoping to spend fewer tax dollars on offshore wind investments after record-low prices in Denmark. This will put Dong Energy's competitiveness to the test in the next German tender in 2017, writes Danish business daily Børsen.

Germany is already Dong's second-largest market after the UK and the company is hoping for massive growth on the German offshore wind market in 2017.

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