A government commission in Sweden has concluded that new offshore wind power projects in the country are not viable without support. The commission, established by the Swedish government, has evaluated the potential for offshore wind power in Sweden and recommends that the government provide incentives to encourage the development of the industry. The commission cites the high costs associated with building offshore wind farms, as well as the complexity of the permitting process, as major barriers to entry. Without government support, the commission believes that offshore wind power will not be able to compete with other forms of energy production, such as fossil fuels, and will not be able to contribute to the country’s goal of reducing greenhouse gas emissions. The commission’s recommendations are likely to be met with criticism from environmental groups, who have long advocated for increased investment in renewable energy, including offshore wind power.
