‘Taiwan trilemma’ | Orsted’s Neubert warns public sale flaws may wipe out offshore wind head-start

Taiwan may lose its management position in Asian wind at sea if it insists on a flawed design for an upcoming public sale that features a venture measurement cap, excessive native content material necessities and no safety towards inflation, Orsted’s offshore wind chief government Martin Neubert informed Recharge.

“We now have to make it possible for relating to a future public sale framework that Taiwan shouldn’t be falling behind,” Neubert mentioned in an unique interview, citing different markets within the Asia-Pacific area that even have rising ambitions, resembling Japan, Korea, Vietnam, India and Australia.