Lee Duna to Green Energy@slrpnk.netEnglish • 8 months agoØrsted cancels two US offshore windfarm projects at £3.3bn costwww.theguardian.comexternal-linkmessage-square2fedilinkarrow-up126arrow-down10
arrow-up126arrow-down1external-linkØrsted cancels two US offshore windfarm projects at £3.3bn costwww.theguardian.comLee Duna to Green Energy@slrpnk.netEnglish • 8 months agomessage-square2fedilink
minus-square@silence7@slrpnk.netlinkfedilink3•8 months agoHigher interest rates make capital-intensive electrical generation, notably renewables and nuclear, less viable. Offshore wind is the more expensive of the renewables, so it gets hit first.
Higher interest rates make capital-intensive electrical generation, notably renewables and nuclear, less viable. Offshore wind is the more expensive of the renewables, so it gets hit first.