Asia's offshore wind ambitions hinge on bankable auctions after Europe's costly lessons

APAC governments must design bankable auctions or risk repeating Europe’s offshore wind delays; signs are positive after an oversubscribed tender in South Korea

South Korean president Lee Jae-Myung (centre) can be optimistic after the latest offshore tender received nine different bids with a total capacity double what's announced as available. Photo: JEON HEON-KYUN / AFP via Getty Images

Ole Petter Pedersen

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