Offshore wind energy policy paths: A comparative analysis of Denmark and Germany
Armagan Canan
ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, 2023, vol. 2023/1, issue 1, 35-59
Abstract:
Offshore wind energy is getting more attention from governments. Germany had the third rank among all countries in total offshore wind energy capacity at the end of 2022. Denmark, having less land area but a good location for offshore wind power, had the fourth rank. Both countries? offshore wind energy sectors have significant roles globally. This paper aims to explore the development paths of offshore wind energy policy in Denmark and Germany and understand the developmental differences. The trends in offshore wind energy production and the evolving policies of the governments are analysed, by comparing the two countries. Most of the policies in Denmark and Germany resulted positively, and their policy paths were sim- ilar with some nuance. The research concludes that a governmental policy strategy and a flex- ible support mechanism are the keys to developing an innovative offshore wind energy sector.
JEL-codes: O31 O38 O57 (search for similar items in EconPapers)
Date: 2023
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