The auction for offshore wind farm Thor proved to be a historic turning point for the industry, generating quite the buzz, as decades worth of subsidies for the wind sector were replaced by a number of utilities willing to pay the Danish state DKK 2.8bn (EUR 390m) to win the tender.
Behind all euphoric facade, however, is a fierce criticism of the process that led to the winner of the 1GW wind farm being determined by drawing lots, with German RWE emerging victorious. All of five companies were prepared to pay the highest amount alllowed.
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