Denmark Wins Approval from EU as it Seeks to Convert to CfD Wind Licenses
Denmark received a critical approval from the European Commission for its subsidy plan fr the next phase of the country’s development of offshore wind energy projects. After failing to receive bids in a December 2024 auction, the country’s Energy Agency pushed the government to adopt the two-way contract for difference (CfD) model, following the successful approach in the UK, which is gaining popularity in Europe. The European Commission announced it has approved a €5 billion Danish scheme to support offshore...
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