Offshore wind farms offer subsidy-free power for first time


DUSSELDORF: German’s electricity grid regulator approved bids to build what will be the first offshore wind farms that depend entirely on market prices instead of government support and subsidy.

The decision by Bundesnetzagentur, or BNetzA, grants power purchase agreements for 1,490 MW of wind farms to be built in the North Sea.

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Business , wind , farms , Germany

   

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