Welcome to Zero. I'm Akshadrati. This week, high winds, high seas and the high price of paperwork.

Wind power has seen explosive growth over the past couple of decades.

What was once a fledgling industry with a few scattered turbines is now more than 7% of global electricity supply,

up from merely 2% in 2010. Just last week, the UK set its new wind energy record, with two-thirds of the country's electricity coming

from wind at one point.

But if the world is to achieve net zero by 2050, we're going to need a lot more wind turbines,

both on land but more importantly out at sea.

One company building that future is Orsted, the world's largest developer of offshore wind power.

Formerly known as Danish oil and natural gas are Dong, the company has undergone a remarkable transition.

A little more than a decade ago, it produced more than 85% of its electricity from fossil fuels.

Now, almost all of that comes from wind power.

It's a story of success, the kind of story we need more of, but it's one that could very well have

not happened. Oster has become a case study of how to transform a fossil fuel company for the

clean energy era. But it's actually not just a story

of well-timed forward thinking, but also of a lot of government intervention and many happy

accidents. Despite all the success of Orsted, CEO Mads Nipur told us that the wind industry is

in a strange position. There's clearly growing demand for clean energy as the world overcomes its addiction to fossil fuels,

but the industry is struggling to make a decent profit, as it reckons with permitting problems,

supply chain issues and increased competition.

Until government buyers will realize that the price will have to be more realistic,

which will still be significantly cheaper than any fossil fuel,

there will be a risk that things will slow down,

...