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Home » News » Wind Energy » U.S. Offshore Wind Development Costs 30% Higher than Europe, Says RWE CEO
Wind Energy

U.S. Offshore Wind Development Costs 30% Higher than Europe, Says RWE CEO

By Philip BrooksMarch 24, 20241 Min Read
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Credit: RWE AG
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Markus Krebber, CEO of RWE AG, Germany's largest power producer, highlighted on Thursday that offshore wind development costs in the United States are 30% higher than those in Europe due to the industry's relative lack of maturity. Krebber emphasized that offshore wind has become increasingly complex, attributing this complexity to factors such as inflation and

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Europe Markus Krebber National Grid New York Offshore RWE AG United States
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