E.ON AG and Vattenfall Europe AG are among utilities leading a worldwide push to develop offshore wind power, overcoming a lack of work ships, stormy seas and higher costs to make almost twice the profit they would on land.
This week, they began running Germany’s first windmills in deep water, anchored more than 20 meters (66 feet) below the surface. Across the Atlantic, the U.S. approved plans two days ago for that nation’s first offshore turbines near Cape Cod.
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