Denmark’s Minister Considers Establishing State-owned Wind Power Company

Denmark’s Minister of Climate and Energy Martin Lidegaard has announced that he will consider the establishment of a state-owned wind power company in an effort to reduce prices on offshore wind power in particular.

Lidegaard concludes that the current supply model for wind power must be reviewed as something must be done to make private business more willing to bid on new offshore wind power projects. Lidegaard rejects the idea of trying to attract smaller investors by splitting up offshore wind power projects into smaller parts.

[mappress]

Source: vattenfall, October 18, 2011