German Social Democrats propose paying wind turbine neighbors
Neighbors of wind turbines in Germany will see limitations set on their avenues for lodging complaints – but will, on the other hand, receive economic compensation, according to a proposal from the Social Democratic Party. Local politicians fear it may become a slippery slope.
The Swedish power company will not build any more new onshore wind farms in Denmark and now intends to divest its current development projects totaling several hundred megawatts. The utility insists that its move is not due to many years of domestic obstacles.
Despite a reduced deficit in the fourth quarter, rig operator Borr Drilling exits 2020 with another deficit of more than USD 300m. The company, which recently secured approval for a rescue plan, still projects a stronger market.