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Experts: A mistake not to listen to the market about Energy Island North Sea 1.0

The 210 billion kroner project in the North Sea started off on the wrong foot as it failed to consult the market about the viability of the concept and the commercial feasibility of the tender conditions, according to observers

A very long interconnection for electricity and soaring material prices have caused the economy of the North Sea Energy Island to crumble which is already shaping up to be Denmark's largest, most expensive and most complex construction project in history.

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Meanwhile, the government has recently managed to secure political support, albeit with some difficulty, for providing up to 17.6 billion DKK in state aid to Denmark's energy island near Bornholm.

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