What happens when Europe's most ambitious renewable energy plan crashes into reality? Germany just found out the hard way.
Their offshore wind auction - a massive 10-gigawatt project that was supposed to be Europe's crown jewel - received exactly zero bids. Not one. Not a single company stepped up.
Think about that for a second. A decade ago, this would've sparked a bidding war. Today? Complete silence.
The project sits there, untouched. And here's what nobody wants to admit: this isn't just about wind turbines or ocean real estate. It's about the economics finally catching up with the hype.
When the numbers don't work, even the greenest companies walk away. That's the market speaking louder than any policy paper ever could.
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What happens when Europe's most ambitious renewable energy plan crashes into reality? Germany just found out the hard way.
Their offshore wind auction - a massive 10-gigawatt project that was supposed to be Europe's crown jewel - received exactly zero bids. Not one. Not a single company stepped up.
Think about that for a second. A decade ago, this would've sparked a bidding war. Today? Complete silence.
The project sits there, untouched. And here's what nobody wants to admit: this isn't just about wind turbines or ocean real estate. It's about the economics finally catching up with the hype.
When the numbers don't work, even the greenest companies walk away. That's the market speaking louder than any policy paper ever could.