The myth of affordable green energy is over
Progress is stalled around the world as nobody wants to admit the real costs
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Progress is stalled around the world as nobody wants to admit the real costs
Despite the negative headlines around the longer-term prospects for the U.S. offshore wind segment, business intelligence…
Despite the negative headlines around the longer-term prospects for the U.S. offshore wind segment, business intelligence…
Companies looking to develop wind turbine projects must negotiate contracts with utilities companies to provide them with power. SouthCoast Wind, a developer planning to build a wind turbine farm about 30 miles south of Martha’s Vineyard, procured contracts to supply power in Massachusetts in 2020 and 2021. SouthCoast Wind revealed its plans to withdraw from its original contracts earlier this summer, saying in a filing with the Rhode Island Energy Facility Board that the project was no longer viable under the terms they had already negotiated with state utility companies and that th...
Will any of these wildly uneconomic offshore wind projects actually ever get built? Let’s hope not.