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Windfarm Wealth Windfall?

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Offshore windfarms are relying on UK Govt subsidies to get off the ground.

Are they relying on them, or just taking advantage of them?

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Either way, they will not happen without those subsidies until the technology has evolved to an efficient model that gives a return from the outset. so, at the mo, they are relying on them.

 

BR. the subs have already been cut back and the current info is that they will be dispensed with some 10 - 15 yrs hence.

 

Truth is, Govts are relying on these systems to prove their 'Green Commitment' and are willing to pay for that in the short term while recognising, behind the scenes that they are not the long term solution.

 

There is nothing wrong with the above position, until such systems are available, ie. Nuclear, which will involve much larger subsidies, they are a good short termer.

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Either way, they will not happen without those subsidies until the technology has evolved to an efficient model that gives a return from the outset. so, at the mo, they are relying on them.

 

BR. the subs have already been cut back and the current info is that they will be dispensed with some 10 - 15 yrs hence.

 

Truth is, Govts are relying on these systems to prove their 'Green Commitment' and are willing to pay for that in the short term while recognising, behind the scenes that they are not the long term solution.

 

There is nothing wrong with the above position, until such systems are available, ie. Nuclear, which will involve much larger subsidies, they are a good short termer.

From what I read the subsidies will disappear within 10 years max and transition to Shale Gas within 5 years.

 

Nuclear is not subsidised at production level is it? As far as I know nuclear power is sold at whatever price can be got for it as the production costs are relatively insignificant.

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Until now nuclear power has been very heavily subsidised in a number of ways.

 

The nuclear power industry has been tied into the military side for a start.

 

Governments paid for the construction of the power plants and they continue to be liable for the clean up costs. The reason that no new builds have started yet is that the UK Government is refusing to take on the liability of ultimate clean up - these costs are horrendous and no one has yet found a workable solution.

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Manx waters? don't you mean crown waters?

 

Can you taste the difference?

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Offshore windfarms are relying on UK Govt subsidies to get off the ground.

Are they relying on them, or just taking advantage of them?
 

 

Offshore wind farms need higher subsidies, says government adviser.

 

http://www.telegraph.co.uk/finance/newsbysector/energy/10296527/Offshore-wind-farms-need-higher-subsidies-says-government-adviser.html

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By the rate they are putting up these turbines out in the Walney windfarm area we'll soon be able to walk to englandshire....

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What's the rush?

If these turbines are improving all the time and people are jumping onto the bandwagon in a rush to make a quick profit before even more sea/land area is taken up, it might be more worthwhile to wait and see how things develop.

 

If the UK become increasingly desperate for energy and have nowhere else to seek it but here, then we've got them boxed into a corner and they should accept whatever agreements or contracts the IOM decides on.

 

Bottom line is that if we fork out for the 'get rich quick consultants' and buy however many bendy wind turbines, I just feel that we're going to come a cropper somewhere along the line as common-sense and foresight with our many political leaders are in short supply and making a few notes before they lose their seats might be the greedier option for them.

 

Could be wrong, but that's my opinion.

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Manxy

 

You are wrong this time.

 

It is clear in the press release - IOM government will NOT be paying for ANYTHING. Interested parties need to do their own due diligence/proposals - if accepted they will pay the IOM licence fees at the appropriate rate. According to the Govt this is a no risk (for us) venture.

 

Of course it may be that no-one will express any interest in this proposal.

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Manxy

 

You are wrong this time.

 

It is clear in the press release - IOM government will NOT be paying for ANYTHING. Interested parties need to do their own due diligence/proposals - if accepted they will pay the IOM licence fees at the appropriate rate. According to the Govt this is a no risk (for us) venture.

 

Of course it may be that no-one will express any interest in this proposal.

Once the Government get rid of the MEA debt, then IMO, we can look at gold farming options.

We should be selling our current energy surplus first, rather than filling up the waters with moving blades.

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Slap a nuclear facility down jurby, job done.

 

 

it would generations before any out of the ordinary mutations were spotted up there..

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