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Location: Pantego, Texas, United States

Friday, May 02, 2008

Here is more from Kim du Toit. I have written before about England's plan to go "green" with 66 GW of electricity provided by wind turbines, hal of which are to be in the sea. I predicted that nuclear power would be cheaper and more reliable. It appears that the project is not going well.

Oops. Shell has pulled out of the “London Array” wind farm, claiming that there’s no profit in it. Duh, as we skeptics say. And then there’s this:

Quite simply, the costs of wind farms are spiralling out of control. The price of steel and turbines is soaring. Ships needed to install turbines are booked out for years to come. Siemens, which makes turbines, has no spare capacity.
...
The [British] Government has laid down targets for energy companies to build 33 gigawatts of offshore wind farms by 2020. Three years ago, the industry estimated that meeting this figure would mean £40bn of investment. But Sarwjit Sambhi, Centrica’s director of power generation and renewables, told The Daily Telegraph in March that the cost of building 33 gigawatts is now £80bn.

...and will be £120bn by the time it’s completed, if it ever is
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