Some of America’s biggest planned offshore wind projects have recently been axed, with more to follow. Deemed ‘uneconomic’, potential investors and financiers are running a mile from what portend to be enormous white elephants. Where the true cost of onshore wind power is phenomenal, the cost of the offshore stuff is astronomical. Going offshore brings … Continue reading No Upside: Wind Developers Pull Plug On Massive Offshore Projects Deemed ‘Uneconomic’
Tag: America offshore wind projects
Plain Stupid: The Only Thing Dumber Than Wind Power Is Offshore Wind Power
Wind power comes with a staggering price tag, taking these things out to sea sends those costs into orbit: intermittent offshore wind power is six times the cost of gas-fired power that's always available on demand. Placing giant industrial wind turbines miles offshore is costly enough, but the rising costs of attempting to maintain them … Continue reading Plain Stupid: The Only Thing Dumber Than Wind Power Is Offshore Wind Power
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