The true cost of wind power is staggering – the cost of offshore wind power is astronomical: the latter is more than six times the cost of gas-fired power.
The operating cost of maintaining any industrial machine in a marine environment starts out high and only increases over time, thanks to the corrosive power of saltwater and salt-laden sea air.
Take a machine that, at best, has an economic lifespan of around 12 years and it doesn’t take long before the cost of operating a wind turbine offshore gets out of control.
Andrew Montford runs the numbers on what is a staggeringly expensive way of generating a trivial amount of sporadically delivered electricity.
The levelised cost of floating offshore wind
Global Warming Policy Forum
Andrew Montford
29 July 2021
We present what may be the first estimate of the levelised cost of floating offshore wind.
Last year, I wrote a…
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Utopia, you are standing in it! 
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