Investors increasingly interested in Baltic Sea wind farms - report
Aug 27, 2012 - Wind power plants in the Baltic Sea are increasingly drawing investor interest, stealing the spotlight from North Sea wind farms whose connection with the power grid is facing obstacles, Reuters said today.
The wind power capacity installed in the Baltic Sea is seen rising to between 2 GW and 3 GW within ten years which is equal to the capacity of two or three nuclear power plants, the head of German power grid operator 50 Hertz, Boris Schucht, was quoted as saying by Reuters. Currently, wind farms in the Baltic Sea have a capacity of 50 MW.
50 Hertz is responsible for the power grid in eastern Germany.
Wind power in the North Sea enjoys big interest because of more favourable wind conditions, but the connection with the power grid is progressing only slowly as Dutch operator Tennet has financial troubles.
Anna is a DACH expert when it comes to covering business news and spotting trends. She has also built a deep understanding of Middle Eastern markets and has helped expand Renewables Now's reach into this hot region.