Permanently Cancelled: No Way Back For Embattled Offshore Wind Industry

As the offshore wind industry implodes in the US, UK and Northern Europe it’s worth noting the class of villains responsible. Pitching the most insanely expensive method of occasionally generating electricity on a random and entirely chaotic basis took audacity; taking investors for a ride with them took a special kind of malice; and pretending … Continue reading Permanently Cancelled: No Way Back For Embattled Offshore Wind Industry

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’