Posted on 01/26/2024 11:03:00 AM PST by george76
In November, Orsted nixed two major wind farm projects planned off the coast of New Jersey, citing the same problems that the company cited for the Skipjack Wind project..
Danish wind developer Orsted has canceled another contract on a planned offshore wind farm in the Atlantic Ocean.
The company said the 966-megawatt Skipjack Wind project, planned to be constructed off the coasts of Delaware and Maryland, would no longer be commercially viable at the contract prices due to inflation, high interest rates and supply chain issues.
“Today’s announcement affirms our commitment to developing value creating projects and represents an opportunity to reposition Skipjack Wind,” Orsted CEO of Region Americas said Thursday.
In November, Orsted nixed two major wind farm projects planned off the coast of New Jersey, citing the same problems that the company cited for the Skipjack Wind project.
The whales, dolphins, other fishes of the sea, along with a bunch of birds, are thankful....
“Too costly to make a profit” EVEN AFTER HUGE GOV’T SUBSIDIES!!!!!!
Just heard on the local news that the company wanted the power to increase rates because of inflation and other rising costs (mostly NIMBY and envros legal hurdles).
I guess the Dims won’t put their money where their mouths are.
...and sailboaters...
Skipjack Wind to be repositioned for future offtake opportunities/b>"Repositioned" not "Cancelled."
Sure. After all, what's not to like about a high-cost, unreliable, short-life power source is a seriously harsh salt-water environment that kills sea life, destroys magnificent vistas, and often self-destructs? Sounds like a great power source to me!
Human society has NEVER moved from more dense energy sources to less dense energy sources - unless its a time of devastating war.
Zero interest rates, growing government debt, globalization, transfer of industrial production to China, world peace - all made progressives believe their own bullshit propaganda and allowed this absurd social engineering
Now all those things have merely begun to reverse - and the “green energy” scam is already mortally wounded
We used to kill Whales for Oil.
Now, we kill Whales for Wind.
I love to use facts to explain things. The windmills central mechanism must not be allowed to freeze. When it becomes cold enough, SOMETHING has to keep the mechanism warm. In Canada right now, neither wind nor solar are producing energy. Not only are Canadians keeping warm with oil, natural gas and coal, they are using oil, natural gas and coal to keep the windmill mechanisms warm.
Look up the Laurentide Ice Sheet and its fluctuations over the millennia. When the Great Cold returns, I wonder how many Canadians will be left in Canada.
Delusions meet reality.
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