Floating Wind Farm Lost £30m Last Year – Watts Up With That?

From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

h/t Joe Public

This is an absolute disaster for Miliband’s floating windfarm target:

https://x.com/adissentient/status/1840690466477535685, which generated

.

Kincardine produced 144 GWh last year, so the total cost equates to £562/MWh.

They have a PPA in place which generated £13.3m at £92/MWh. On top of that ROC subsidies worked out at £217/MWh

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