Look offshore for large-scale wind power, says Siemens exec

08/23/2013 | New York Times (tiered subscription model), The

Offshore wind turbines are the only way to generate wind energy on a large scale, says Michael Hannibal, chief of Siemens' offshore wind business. The industry needs to bring down costs to make large-scale offshore power a reality, he says. "We are fooling ourselves if we depend on subsidies. We know we need to bring costs down," Hannibal says.

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