H/t reader kevin a.
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‘The first time we can really say we expect offshore wind to be in the next decade on the same sort of cost structure as other power generators’
The cost of electricity produced by offshore wind turbines has fallen by a third in just four years, according to a new report.
The analysis, by Dong Energy and other firms, found that the average cost during 2015/16 was £97 per megawatt hour (mwh), according to the Financial Times.
In 2012, the industry was asked by the UK Government to reduce prices to £100 per mwh within eight years, but the target has been reached in about half that time.
H/t reader kevin a.
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A few of days ago I reported on a spate of wind turbine collapses occuring in Germany and Europe. Well the folly appears to be continuing as the online German Tageblatt here reports how yet another has come crashing down, with a passerby witnessing it live.
The fourth collapse in four weeks!
German news site NTV here writes:
South of Hamburg an approximately 100-meter tall wind turbine collapsed. The turbine in Neu Wulmstorf fell during the morning, a police spokesman said. A passerby observed the incident and called the fire department.”
The NTV reports it’s still unknown why the bolted connection 20 meters high came apart at around 11 a.m, but was probably due to brisk winds at the time.
– Obama blocks Chinese purchase of US wind farms (AP, Sep 28, 2012):
WASHINGTON (AP) – Citing national security risks, President Barack Obama on Friday blocked a Chinese company from owning four wind farm projects in northern Oregon near a Navy base where the U.S. military flies unmanned drones and electronic-warfare planes on training missions.
It was the first time in 22 years that a U.S. president has blocked such a foreign business deal.
Obama’s decision was likely to be another irritant in the increasingly tense economic relationship between the U.S. and China. It also comes against an election-year backdrop of intense criticism from Republican presidential challenger Mitt Romney, who accuses Obama of not being tough enough with China.
– Wind farms: even worse than we thought… (Telegraph, Mar 8, 2012):
The Global Warming Policy Foundation has produced yet another devastating report: this time on the economics of wind farms. Turns out they’re even worse than we thought.
Not only do the Bat Chomping Eco-Crucifixes (TM) ruin views, kill birds, cause bats to implode, destroy the British film industry, frighten horses, enrich rent-seeking toffs like David Cameron’s father-in-law Sir Reginald Sheffield Bt, drive up electricity bills, kill jobs, create fuel poverty, cause old people to die of hypothermia, wipe out property values, drive people mad with strobing and noise pollution and enable smug liberal idiots to spout rubbish like “Oh, I don’t mind them. Actually I think they’re rather beautiful”, but also by 2020 they’re set to drive up consumer bills in the UK alone by £120 billion.
This is about ten times more than it would cost if we stuck to gas. (Which we have in abundance, just waiting to be exploited, in places like the Bowland Shale).
In the latest Spectator, Matt Ridley delivers the coup-de-grace. Here’s a taste: