10 min listen
Unpacking Big Oil’s risky bet on German offshore wind
Unpacking Big Oil’s risky bet on German offshore wind
ratings:
Length:
22 minutes
Released:
Sep 12, 2023
Format:
Podcast episode
Description
The hefty premiums paid by BP and TotalEnergies in Germany’s latest offshore wind auction reflect the value these companies place on diversification – but do the economics stack up? Competition for offshore concessions has been fierce, but the sector is also under extreme cost pressure from stressed supply chains and rising inflation. S&P Global Commodity Insights’ news editors Henry Edwardes-Evans, Andreas Franke and Alex Blackburne discuss these issues with S&P Global analyst director colleague Coralie Laurencin. Explore our interactive Renewable Energy Price calculator Related price assessment: WDETF00 - German Offshore Wind Renewable Capture Price Related stories: Germany sells four offshore wind concessions for $14 bil to BP, TotalEnergies Germany awards 1.8 GW offshore wind concessions for Eur784 million Offshore wind industry weighs consequences of 'seismic' German auction
Released:
Sep 12, 2023
Format:
Podcast episode
Titles in the series (95)
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