Finance Minister Rejects Non-profit Dong Energy Proposal (Denmark)

Danish Finance Minister Bjarne Corydon rejects the proposal put forward last week to let state-owned energy group Dong Energy build wind farms on a non-profit basis.

Corydon admits that everything should be done to reduce the costs for offshore wind turbine development but points out that offshore wind farms will not get cheaper only because Dong Energy does not get a return on its investments.

According to Corydon, it is important to secure political support for efforts to make offshore wind turbines cheaper through technological developments.

[mappress]

Source: vattenfall, November 01, 2011