THE DECOMMISSIONING TIME BOMB

Although most offshore windfarms are creating paper provisions neither they nor their parent companies are accumulating ring-fenced cash to fund decommissioning at the end of life. That analysis was based on wind farm companies’ own estimates of decommissioning liabilities. Now new data published by Scroby Sands windfarms indicates that estimates of the decommissioning costs are likely way too low, the bomb is much bigger than we thought and has the fuse has just been lit. 

Scroby Sands Lights the Fuse of the Decommissioning Timebomb