'Party Is Over' In European Offshore Wind As Developers Turn Cautious
Markit·2026-05-05·via All Articles on Seeking Alpha
Summary
European offshore wind developers are coming to terms with a new era of caution and selectivity.
Ørsted A/S has sharpened its geographical focus in offshore wind to prioritize Europe, having previously developed projects in the US and Asia.
Equinor ASA and RWE AG have exited certain countries to focus on their core offshore wind markets.
Abstract Aerial Art/DigitalVision via Getty Images
European offshore wind developers are coming to terms with a new era of caution and selectivity, as financial constraints and supply chain limitations combine to create an environment in which potential projects outnumber the