Here’s everything you wanted to know about offshore wind power, and it’s all bad. The cost of generating occasional electricity offshore is positively insane, and getting worse. And that’s just to focus on the economics. Then there’s the mounting and irreparable environmental harm - ecologically destructive and deadly to marine mammals, as well as fishing … Continue reading Total Disaster: Why Offshore Wind Power Is So Costly & Environmentally Destructive
Tag: Offshore wind power construction cost
Propaganda Overload: Offshore Wind Industry’s Costs Claims Hit Peak Delusion
The wind industry never lets facts shake the entrenched delusion that wind power is cheap and always available. One of the more troublesome facts relates to cost. Whereas the true and total cost of onshore wind power is merely exorbitant, taking these things kilometres offshore means the true cost of (occasionally) generating electricity is off … Continue reading Propaganda Overload: Offshore Wind Industry’s Costs Claims Hit Peak Delusion
Shipwrecked: America’s Offshore Wind Industry Being Crushed By Rising Construction Costs
2023 was the year when the offshore wind industry’s grand implosion began. Major investors bailed out as the insane cost of attempting to (occasionally) generate electricity with no commercial value in hostile marine environments began to bite. Dozens of projects have been scrapped and others are now highly doubtful. And for those wind power outfits … Continue reading Shipwrecked: America’s Offshore Wind Industry Being Crushed By Rising Construction Costs
Not For Profit: Offshore Wind Power Projects Wiped Out By Rising Costs
Want to make a small fortune in the offshore wind industry? Then start with a large one. 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 numbers are far worse out at sea. Take a machine … Continue reading Not For Profit: Offshore Wind Power Projects Wiped Out By Rising Costs
Bubble Bursts: Rising Costs Mean More Massive Offshore Wind Projects Scrapped
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
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