The hefty premiums paid by BP and TotalEnergies in Germany’s latest offshore wind auction reflect the value these companies place on diversification – but do the economics stack up?
Competition for offshore concessions has been fierce, but the sector is also under extreme cost pressure from stressed supply chains and rising inflation.
S&P Global Commodity Insights’ news editors Henry Edwardes-Evans, Andreas Franke and Alex Blackburne discuss these issues with S&P Global analyst director colleague Coralie Laurencin.
Explore our interactive Renewable Energy Price calculator
Related price assessment:
WDETF00 - German Offshore Wind Renewable Capture Price
Related stories:
Germany sells four offshore wind concessions for $14 bil to BP, TotalEnergies
Germany awards 1.8 GW offshore wind concessions for Eur784 million
Offshore wind industry weighs consequences of 'seismic' German auction
Why sulfur markets face an upside risk from the energy transition
Navigating the new and old: what lies ahead on India’s energy transition map?
Deconstructing the European carbon market's price slump
What lies ahead for climate policy after COP28
It's blue-sky thinking for sustainable aviation fuel markets
Trash to Treasure: The role of UCO and POME in energy transition
Emerging battery technologies: Alternative long-term energy storage solutions on the rise
COP28 is a pivotal moment for carbon markets: can countries move forward on Article 6?
Emerging battery technologies: Will sodium-ion batteries be a low-cost game changer?
American steelmakers lead in clean production amid global decarbonization efforts
Carbon credits seek to regain credibility amid growing scrutiny
Renewable natural gas is headed for the moon
Decarbonization efforts in India: how ready is the steel industry?
How is Europe’s steel industry rising to the challenge of energy transition
Battery metals wanted: The US' race to decarbonize (part 2)
Battery metals wanted: The US' race to decarbonize (part 1)
PPAs as a key driver to meet Europe's climate targets
Wild West or emerging market? Certified natural gas gains steam in the US
Black Mass: battery recycling to play a critical role in EVs globally
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Sarah Westall - Business Game Changers
Børsen Morgenbriefing
Startitup podcasty
Wall Street Breakfast