The high cost of producing the fuel could begin to drop as technology improves, and Brazil could be among the countries to offer lower production costs, although analysts don’t expect the cost to drop much before 2030
Executives believe that reducing the cost by 40%, as the government advocates, is not viable given that extraction is 300 km off the coast, sources told Bloomberg News
Siemens Energy last month detailed fresh problems in its onshore wind turbines, further hampering efforts to turn around its troubled Spanish subsidiary Gamesa
