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Sweden’s state energy company has abandoned work on a multibillion-pound wind farm off the coast of Norfolk because of soaring costs in a blow to Britain’s clean energy ambitions. Vattenfall said it was stopping development of the 1. 4 gigawatt Norfolk Boreas wind farm, which could have powered about 1. 5 million homes, after supply chain problems and inflation increased its costs by up to 40 per cent. - The Times.
