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Offshore industry calls for reliable political framework

What's blocking the investment is the uncertainty caused by changing regulatory frameworks, not least in the two largest markets, the UK and Germany, the independent survey of the financial community shows.

Governments are undermining investment stability

"By undermining investment stability, governments are putting green growth, jobs and a world-leading European industry at risk", said CEO of the European Wind Energy Association (EWEA), Thomas Becker, at the report launch in Frankfurt at EWEA OFFSHORE 2013 today.

"Stable national frameworks and a binding EU renewable energy target for 2030 will be a green light to investors and ensure the industry continues to flourish", he added.

The report, 'Where's the money coming from? Financing offshore wind farms' comes from EWEA with research from Ernst and Young.



Source: IWR Online, Nov 11 2013