Sunday, 4 February 2018

THE TRUE COST OF OFFSHORE WIND MAY BE MUCH MORE THAN WE WERE TOLD

This piece looks at the recent profits warning of a company building an offshore wind farm and links it to the recent collapse of Carillion. It seems that they both were involved with wind farms and appear to have under estimated the costs. Wind turbines are expensive to build and expensive to maintain. Thus they do not produce cheap electricity - nor is it reliable. 

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