Energy giant warns about crisis facing some global offshore wind power projects

Energy giant warns about crisis facing some global offshore wind power projects

In recent weeks, projects under development in Britain and the US have been halted on soaring costs, even as demand for renewable energy soars.

German energy giant RWE has become the latest firm to warn that the viability of some large offshore wind generation projects amid soaring costs. 

Progress on protecting the climate could be at stake if the difficulties facing the offshore wind industry persist, RWE's head Markus Krebber has said.

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