Far-sighted government policy means the cost of offshore wind energy has halved. The benefits in terms of climate change and UK jobs will be enormousIn March I went to see Henrik Poulsen,the boss of Dong Energy, in Copenhagen. Never heard of him or his company? You are not alone, and but the chances are he is keeping your lights on. The largely unknown story of his company is worth telling because it is genuinely revolutionary.
Dong stands for Danish oil and natural gas. It was,like Shell and BP, involved in fossil fuel exploration and production. But in less than a decade it has become an 85% offshore wind company, and is divesting its coal,oil and gas interests. By 2023, Dong Energy will be very close to zero carbon. That is a pretty staggering transformation in a very short space of time. Related: Nuclear plans 'should be rethought after topple in offshore windfarm costs' This month’s contracts for the next round of offshore wind farms mean billions in foreign investment coming into the UKContinue reading...
Source: theguardian.com