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
Tag: Offshore wind projects cancelled
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
Litigation Only Way to Protect Communities & Environments From Wind Turbine Rollout
Holding hands and waving placards just doesn’t cut it. If you want to protect the environment or your community from the industrial wind power onslaught, then litigate. In this post, we contrast a community off the coast of New South Wales, Australia where a rally of surfers gathered to stave off the threat of an … Continue reading Litigation Only Way to Protect Communities & Environments From Wind Turbine Rollout
America’s Wind Industry Implodes: More Offshore Projects Scrapped
In the US the offshore wind industry is completely underwater, in every sense. The insane cost of attempting to (occasionally) generate electricity with no commercial value in hostile marine environments has finally caught up. Projects are being scrapped in the same way that punters rip up their betting slips when their long-shot nag fails to … Continue reading America’s Wind Industry Implodes: More Offshore Projects Scrapped
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