Offshore Wind at Crossroads: High Costs, Supply Issues Halt Projects
TL/DR -
The UK has dropped from the top spot to seventh in the Renewable Energy Country Attractiveness Index (RECAI) due to difficulties in the offshore wind sector. Global project costs have risen by 39% since 2019, and the UK's maximum strike price was not enough to attract developers, causing a setback in reaching its target of 50GW of…