During the 4th Offshoreforum in Rostock

„During the 4th Offshoreforum in Rostock Michael vom Baur discussed the future of offshore wind energy with Christian Pegel, Minister für Energie, Infrastruktur und Digitalisierung of Mecklenburg-Vorpommern and Thomas Lambusch, President Nordmetall. He underlined the important role of offshore windfarms in the future power generation system, where the new projects do not need subsidies any more. However, he showed also in his market review, that political goals cannot be taken as the reality of windfarm development, which is slower and much more complex, because it depends on many physical, technical and economic factors, which politics can hardly influence. All parties involved in the wind energy value chain should carefully assess and mitigate such entrepreneurial risks when making plans for the future.”