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Failure Of Wind Auctions In The UK A Lesson For The Global Offshore Wind Industry

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Late last September, the latest round of the UK government's offshore wind auctions failed. Experts at the Global Wind Energy Council believe that this should serve as a pivotal moment for the global offshore wind industry.

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“We hope the UK government learns a lesson from this: wind energy is cheap, but it’s not free, and investors can’t be taken for granted. We are seeing these challenges around the world, and governments will be watching today’s news closely,” Ben Backwell, CEO of the) in Melbourne, Australia, was wrapping up.

In Vietnam, the centralized management of the energy sector is crucial to the quick development of offshore wind.

 

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