![OIL TO WIND](https://cisp.cachefly.net/assets/articles/images/resized/0001065836_resized_0001064420offshorewindbloomberg20231022.jpg)
Photo by: Bloomberg
Denmark will take stakes of 20% in new offshore wind projects, copying a successful setup used for oil licences in the previous decades. Bloomberg reports that the model will cover 6 GW of tenders planned around the Nordic country, which has a target to become carbon neutral in 2045. Expanding its fleet of offshore wind farms is vital to achieving the goal. Photograph: Bloomberg