Offshore Wind Energy is Booming in Europe


Denmark occupies a seat in the vanguard of efforts to fulfill carbon emission reduction goals of the Paris Agreement, with DONG Energy -- co-owned by the Danish government, Goldman Sachs and shareholders -- building massive arrays of offshore wind turbines. While expansion across the EU remains a challenge because of a still-underdeveloped grid capacity, DONG's efforts show how Denmark's use of free-market demand and public-private collaboration provides an affordable, environmentally- sustainable option.

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