World News@lemmy.worldEnglish · 1 year ago

Vattenfall to stop development of its British Norfolk Boreas offshore wind project due to rising costs

www.reuters.com

Vattenfall to stop development of its British Norfolk Boreas offshore wind project due to rising costs

www.reuters.com

zencat@lemmy.world to

World News@lemmy.worldEnglish · 1 year ago

Vattenfall halts project, warns UK offshore wind targets in doubt

www.reuters.com

Swedish utility Vattenfall (VATN.UL) said on Thursday it would stop development of its British Norfolk Boreas offshore wind project due to rising costs, and warned that Britain could struggle to meet its wind targets without improved incentives.

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Bernie Ecclestoned@sh.itjust.works
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1 year ago
Translation - we want to renegotiate the deal

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