Auction flop stalls Germany's offshore wind

Germany has ambitious plans to grow offshore wind as part of its efforts to secure 80% of its power from renewables by 2030. But a recent tender failed – a bad sign for an industry the country had hoped to grow from 9 GW at present to 30 GW by the turn of the decade. The industry says Germany is going about developing the sector the wrong way – and that time is running out to get investment back on track.

Reporting by Nathan Witkop, clean energy desk editor, Montel News.

Speakers: Matthias Janssen, associate director, Frontier Economics; Katherina Reiche, federal minister for economic affairs and energy, Germany; and Andreas Mummert, policy director, German offshore wind energy foundation.