Danish offshore wind hit with price increase of EUR 6bn: ”There’s not a penny to be made from this"

The Danish government’s plans to make billions from offshore wind are close to collapse according to new calculations. Energy minister acknowledges the current problems, but remains hopeful.
According to CEO of F&P Kent Damsgaard, there is nothing to gain from the development of offshore wind farms planned by the Danish government. | Photo: Forsikring & Pension
According to CEO of F&P Kent Damsgaard, there is nothing to gain from the development of offshore wind farms planned by the Danish government. | Photo: Forsikring & Pension
by JAKOB MARTINI, VICTOR EMIL KRISTENSEN

The Danish government’s planned offshore wind farms have been hit by such large price increases that billions of kroner in losses are on the horizon. 

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