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Offshore wind investors look to Baltic: 50Hertz

Mon, 08/27/2012 - 5:24am
Reuters

BERLIN (Reuters) - 50Hertz, one of Germany's four power network operators, sees growing investor interest in setting up offshore wind parks in the Baltic, as connection problems hamper growth in the North Sea, its chief executive said.

"We see a shift from the North Sea to the Baltic Sea," Boris Schucht told Reuters at the annual Handelsblatt renewable energy conference on Monday.

50Hertz, jointly owned by Belgian grid operator Elia and Australian Industry Funds Management (IFM), is responsible for connecting offshore wind parks in the German part of the Baltic.

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