In fact, I’m certain that this won’t work:
The world’s biggest offshore wind farm is to be built 75 miles off the coast of Grimsby, at an estimated cost to energy bill-payers of at least £4.2 billion.
The giant Hornsea Project One wind farm will consist of 174 turbines, each 623ft tall – higher than the Gherkin building in London – and will span an area more than five times the size of Hull.
The certainty this won’t work is this:
The wind farm was handed a subsidy contract by former energy secretary Ed Davey in 2014 that will see it paid four times the current market price of power for every unit of electricity it generates for 15 years.
Consumers will be on the hook to pay subsidies to make up the difference between the market price of power – currently about £35 per megawatt-hour – and a guaranteed price, of £140/MWh.
It simply doesn’t work economically.
However, I also think (rather than know) that it won’t work in technical terms either. The think comes from a supposition about the marine environment. I just don’t see mechanical moving parts lasting a couple of decades in the North Sea. Perhaps Mr. Newman can tell us more about rigs n’stuff but I just don’t see it myself.
And one of the things that bolsters this view is that we do actually know why wave power is so damn hard to make functional, let alone economic. That marine environment is, over time, an extremely harsh one, there’s not many materials that outlast it without vast amounts of maintenance.
Now, of course, the engineers and financial charlatans will have taken all of this into account won’t they…….