Unpacking Big Oil's risky bet on German offshore wind
Streams straight from the publisher. podnod never proxies or re-hosts episode audio.
The hefty premiums paid by BP and TotalEnergies in Germany's latest offshore wind auction reflect the value these companies place on diversification – but do the economics stack up? Competition for offshore concessions has been fierce, but the sector is also under extreme cost pressure from stressed supply chains and rising inflation. S&P Global Commodity Insights' news editors Henry Edwardes-Evans, Andreas Franke and Alex Blackburne discuss these issues with S&P Global analyst director colleague Coralie Laurencin.
Explore our interactive Renewable Energy Price calculator
Related price assessment: WDETF00 - German Offshore Wind Renewable Capture Price
Related stories: Germany sells four offshore wind concessions for $14 bil to BP, TotalEnergies Germany awards 1.8 GW offshore wind concessions for Eur784 million Offshore wind industry weighs consequences of 'seismic' German auction
interactive Renewable Energy Price calculator
spglobal.comWDETF00 - German Offshore Wind Renewable Capture Price
platform.platts.spglobal.comGermany sells four offshore wind concessions for $14 bil to BP, TotalEnergies
platform.platts.spglobal.comGermany awards 1.8 GW offshore wind concessions for Eur784 million
platform.platts.spglobal.comOffshore wind industry weighs consequences of 'seismic' German auction
platform.platts.spglobal.com