Turbulent times for capital-heavy offshore wind

Offshore wind generation has been earmarked to play a central role in greening the EU’s energy consumption in 2020 and beyond. ENDS Europe asks whether the global financial crisis could blow the sector’s development off-course.

In January 2007 European commission president José Manuel Barroso called for a “new industrial revolution” that would transform Europe into a low-carbon economy. The development of the EU offshore wind sector lay at the heart of this vision.

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