Tuesday Mar 22, 2022
Bigger, Faster, Better 03 – UK vs Denmark on offshore wind
Wind might be a curse if you’re having a picnic, but it promises to be a mainstay of the UK and Denmark’s shift to net zero. Technology has become mature, reducing that risk. The next hurdle, though, will be demand. Can the players ensure that the power gets to where it’s needed at the right time?
What’s not in short supply is industry interest. Big Oil is transforming into Big Energy and offshore wind is going to play a major part in that. In this episode of Bigger Faster Better, Anthony Alderman of paid partners Womble Bond Dickinson and Ulrik Stridbæk of Ørsted get together to talk about how the UK and Denmark measure up.
The sector has proved its commerciality, but it is clear that government intervention will continue to play a major role in setting the terms for this maturing sector.
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