The spiralling cost of erecting ever-larger turbines at sea is matched by the spiralling costs of the raw inputs needed for the turbines themselves, which means the offshore wind power bubble has truly burst. The Sweden’s Vattenfall has just scotched a massive project proposed off the coast of Norfolk, moaning about rocketing turbine manufacturing and … Continue reading Bubble Bursts: Rising Costs Mean More Massive Offshore Wind Projects Scrapped
Tag: cost of offshore wind power
Cash Inferno: Offshore Wind Power Fastest Way to Squander Countless $Billions
In the absence of endless subsidies and guaranteed, fixed-price contracts (set at ludicrously high prices), the purported economic case for wind power never, ever stacks up. And the metrics are far worse out at sea. Notwithstanding the $billions in subsidies - gouged from taxpayers and/or lumped on power consumers’ crushing power bills - proposed projects … Continue reading Cash Inferno: Offshore Wind Power Fastest Way to Squander Countless $Billions
Crashed & Burned: Soaring Construction & Maintenance Costs Make Offshore Wind Power Projects ‘Unbackable’
The wind industry is moaning about the soaring cost of spearing these things into the seafloor, miles offshore. Rent-seekers are backing away from dozens of touted projects - as if they’d never thought about the insane costs and low energy returns. Any seafaring soul could have easily explained that the operating cost of maintaining any … Continue reading Crashed & Burned: Soaring Construction & Maintenance Costs Make Offshore Wind Power Projects ‘Unbackable’
Mounting Construction & Maintenance Costs Explode The Cheap Offshore Wind Fantasy
The fact that the offshore wind industry is screaming for more subsidies undermines their wilder claims about offshore wind power being ‘free’ and getting cheaper all the time. The true cost of wind power is staggering – the cost of offshore wind power is astronomical: the latter is more than six times the cost of … Continue reading Mounting Construction & Maintenance Costs Explode The Cheap Offshore Wind Fantasy
Offshore Wind Industry Gets Licence To Kill Right, Sperm & Humpback Whales With Impunity
Hundreds of whales are being killed by the offshore wind industry, and it’s been given a license to do so, with complete impunity. Let’s call it a ‘green light’ for industrial murder. Offshore outfits along the US Atlantic coast have clocked up something like 178 whale fatalities since construction began and their turbines first started … Continue reading Offshore Wind Industry Gets Licence To Kill Right, Sperm & Humpback Whales With Impunity
Offshore Onslaught: Industrial Wind Turbines Are Destroying Our Precious Marine Environment
‘Offshore’ means out of sight and out of mind, when it comes to the environmental destruction these things cause. No one sees the countless numbers of seabirds wiped out of existence by 60-70m blades with their outer tips doing over 350 km an hour. No one sees the destruction of undersea ecosystems, the seabed ripped … Continue reading Offshore Onslaught: Industrial Wind Turbines Are Destroying Our Precious Marine Environment
All At Sea: America’s Offshore Wind Industry Cans Projects Deemed No Longer Viable
Offshore wind power outfits are struggling to get their projects off the ground, notwithstanding the massive subsidies they’ve been able to gouge out of America’s taxpayers. The cost of offshore wind power is astronomical; more than six times the cost of gas-fired power which is, of course, available around-the-clock, regardless of the weather. The operating … Continue reading All At Sea: America’s Offshore Wind Industry Cans Projects Deemed No Longer Viable
Woke Wonderland: Joe Biden’s Offshore Wind Power Plans Staggeringly Expensive Fantasy
In the Humpty Dumpty land occupied by wind and solar advocates, the power produced by wind and sun is free and getting cheaper all the time. Solar panels and wind turbines are powering homes and businesses around-the-clock, whatever the weather. The panels and turbines last forever and cost nothing to repair or maintain. Well, that’s … Continue reading Woke Wonderland: Joe Biden’s Offshore Wind Power Plans Staggeringly Expensive Fantasy
Wanton Waste: World’s Largest Wind Farm = World’s Largest White Elephant
Want to make a small fortune? Then take a large one and put it into offshore wind power. The costs of generating sporadic electricity using wind are staggering; doing so offshore makes them astronomical. And, it seems, the bigger the boondoggle, the more costly it becomes for the unwitting taxpayers, who are always left to … Continue reading Wanton Waste: World’s Largest Wind Farm = World’s Largest White Elephant
Totally Torched: Low-Cost Offshore Wind Power Claims Go Up In Smoke
Europe’s great wind drought continues, unabated. Adding to the wind industry’s woes, its claims that offshore wind power is ‘free’ and getting cheaper all the time have been totally torched - again. Over the last two years, Andrew Montford has been keeping a close eye on the financial reports produced by the UK’s offshore wind … Continue reading Totally Torched: Low-Cost Offshore Wind Power Claims Go Up In Smoke
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