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 […]

Transmission Break: Frequently Faulty Cables Costing Offshore Wind Power Generators Hundreds of $Millions

Turns out offshore wind power is more financial heartbreak than cash cow. Thanks to the phenomenal cost of repairing its undersea cables, Denmark’s Orsted is literally bleeding cash. The cost of fixing faulty cables connecting their turbines to each other and transmission facilities onshore is already in the hundreds of $millions, and set to rise […]