Ignitis wants to slow down its 700 MW offshore wind farm in the Baltic Sea. Roughly €3 billion of project.
The numbers behind it come from the National Audit Office. Since 2023 the cost is up 27% and the expected return is down 40%.
I'd rather a listed company say that out loud than push on and fix it later with a higher electricity tariff for everyone. That was literally one of the options on their list.
Nothing decided yet. The ministries have until the end of 2026.
BNS via LRT, 21 October:
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