Renewable energy race heating up
Renewable energy race heating up 2023-07-26
Source: farmersjournal.ie
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Octopus Energy Plans To Invest $20 Billion In Offshore Wind
UK energy firm Octopus Energy plans to unleash $20 billion in investments into offshore wind.
Source: oilprice.com
WindAction | Giant windfarm off Norfolk coast halted due to spiralling costs
The government’s green energy ambitions have been dealt a blow after plans for a giant offshore windfarm off the Norfolk coast ground to a halt due to spiralling supply chain costs and rising interest rates. The Swedish energy giant Vattenfall said it would stop work on the multibillion-pound Norfolk Boreas windfarm, designed to power the equivalent of 1.5m British homes, because it was no longer profitable.
Source: windaction.org
Big Blow to UK's Green Dreams as Costs Skyrocket • Watts Up With That?
The race to net zero is leading us into a financial quicksand, sucking in vast resources for a future that will never materialize as envisaged.
Source: wattsupwiththat.com
Norfolk Coast Giant Offshore Windfarm Halted Due To Spiralling Costs
Slashdot reader sonlas writes: The government's green energy plans faced a setback as the Norfolk Boreas offshore windfarm project by Vattenfall was halted due to soaring supply chain costs and rising interest rates. Vattenfall's chief executive Anna Borg said: "It's important to understand that our...
Source: slashdot.org