Vestas CEO Sees Turbine Sales Growing Amid Increased Competition

The transcript discusses the competitive nature of the wind energy industry, focusing on pricing trends and the impact of tariffs on costs. It highlights the stability in average selling prices and the introduction of new technology to manage costs. The conversation also covers market growth in Europe, America, and Asia Pacific, driven by policies and increased competitiveness. The US market's transition from subsidies to a market-based system is examined, with confidence in technology compensating for reduced government support.

How has the average selling price (ASP) for wind energy changed over the last five quarters?

What factors contribute to the competitive pressure in the wind energy market?

What challenges do tariffs on steel pose for the wind energy industry?

What strategies are being implemented to mitigate the impact of tariffs on production costs?

What is the significance of the German government's plans regarding coal plants?

How has the order intake for wind energy changed in different regions?

What role do government subsidies play in the wind energy market, particularly in the United States?