More of our money lost in this stupid desire by our politicians to ruin the country.
The world’s largest offshore wind project has incurred major cost over-runs in recent months. Wind Energy Update investigates what went wrong and how future projects could avoid similar pitfalls.
And of course it will deliver enough energy for our future needs?
The Greater Gabbard Offshore Wind Project, located 25km off the UK’s Suffolk coast, is the world's largest wind farm currently under construction. When complete, it will boast 140 wind turbines with an installed capacity of 504MW, capable of producing 1,900kWh of energy every year – an impressive 5% of the UK's 2010 renewable energy target of 10%.
Will it buggery. We need gigawatts, not kilowatts. Note as well that they’ve missed their target by 50%.
Then of course they just have a teensy weensy problem with our money.
But the project, estimated to cost £650m excluding the cost of grid-connection, has run into difficulties. As a result, US-based company Fluor, responsible for engineering, procurement and construction (EPC), recently announced that its third quarter results will include approximately US$163 million (£101.484 million) in cost over-runs on the project.
FFS. I’ve had enough of this green shit. I’m going to chuck another log on the fire and pour myself a Large whisky.