Threat to Britain's green energy plans as work on offshore windfarm halted as costs soar
The Norfolk Boreas project, scheduled to begin producing electricity in the late 2020s for up to 1.5 million homes, is being stopped
Stay updated with breaking news from Anna Borg. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Norfolk Boreas project, scheduled to begin producing electricity in the late 2020s for up to 1.5 million homes, is being stopped
Vattenfall cites deteriorating market conditions in its decision to shelve the offshore wind farm.
Rishi Sunak must now ensure cheap power to meet the voracious energy needs of lithium battery plants
Vattenfall has halted a major UK offshore wind development as it struggles with rising production costs and interest rate rises.
Vattenfall has become the latest developer of wind farms to report that rising costs are undermining the economics of offshore projects. The Swedish e...