Tag Archives: Massive Financial Losses

Coming To America! Danish Wind Farm Operator Suffers Massive Financial Losses

Apart from literally burning cash, there is no faster way to squander money than by piling it into an offshore wind power project. It’s hardly news that the true cost of generating electricity using wind power is staggering; the cost of doing so offshore is astronomical. Instead of producing ‘free’ energy with purportedly ‘endless’ sea breezes, offshore operators like Denmark’s Orsted is delivering a tale of woe for its shareholders. The Global Warming Policy Forum reports. >click to read< 16:13