Tag Archives: Andrew Montford
Totally Torched: Low-Cost Offshore Wind Farm 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 power outfits. What the books reveal runs counter to the spin and propaganda dished up in the media about the cost of offshore wind power. Andrew provides another helpful update,,, >click to read< 11:40
World’s Largest Offshore Wind Farm Grossly ‘Unprofitable’, Essentially Worthless
A new report commissioned by the Norwegian government contradicts Boris Johnson’s recent claim in Parliament that offshore wind costs have fallen by 70% in a decade. It confirms that the UK’s newest offshore wind farms remain high-cost operations. Indeed, the academics who produced the report have said the forthcoming Dogger Bank Wind Farm will be unprofitable, and is essentially worthless, with a value of around minus £1 billion in current terms. Remarkably, the findings have not been disputed by the developers. >click to read< 10:27
