Offshore wind contracts are ready – but ships, ports and cables are not.
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The government wants offshore wind to form the backbone of the UK’s future electricity system – but a key auction has delivered no new projects.
Offshore wind is an expensive business to get into.
An experiment in liberalising power markets has been underway in the UK since the 1980s and three phases can be identified. The first ran from around 1989 to 1999, beginning with the privatisation of the…
