Sunday, November 21, 2021

World's largest offshore wind farm 'unprofitable', government-funded report confirms - Net Zero Watch

World's largest offshore wind farm 'unprofitable', government-funded report confirms - Net Zero Watch
"London, 20 November — A report commissioned by the Norwegian government has contradicted 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 farms will be unprofitable, and are essentially worthless, with a value of around minus £1 billion in current terms...Read all.

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