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Read Vattenfall shelves 1.3GW Norfolk Boreas offshore project amid spiralling costs and other wind energy news & analysis on Windpower Monthly
The cancellation poses a major setback for a key part of Britain's climate plans.
Vattenfall has halted plans for its massive Norfolk Boreas wind farm project off the county’s coast.
Soaring inflation and geopolitical factors have made the Norfolk project unfeasible
LONDON -Swedish utility Vattenfall is stopping development of the 1.4 gigawatt Norfolk Boreas wind project off the coast of Britain due to rising costs, it said in an earnings statement on Thursday....