Ørsted's Financial Situation: Causes and Solutions

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This week the Uptime crew looks at Ørsted's current financial state, reviewing recent difficulties and the pathway forward. What factor have offshore cancellations played? Is the American offshore environment too difficult? Will they source Chinese turbines? Who are their competitors? And our wind farm of the week is Cedar Springs Wind Farm in Wyoming!
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Опубликовано:

29 окт 2024

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Комментарии : 4

@Trenttitan 2 месяца назад

Talk about Suzlon’s Hybrid towers

@nigels.6051 Месяц назад

Expecting the USA to reach net zero by 2050 now is a bit like now expecting the Boeing Starliner to take crew to the ISS and back by its original target date of 2017! USA needed Denmark/Norway/UK's 20 years experience with offshore wind, and the North Sea's 60 years experience with offshore oil/gas infrastructure. Denmark etc. now knows that they have plenty of better customers, they wont try the USA again at sensible prices. When import taxes start gaining carbon penalties for importing from countries that have failed to achieve net zero, the USA will have to pay the price of the failure over the last few years. There is now insufficient time left to develop the required industry to the required scale in time to build the necessary power generation, whatever the source, while by 2050, other countries will be running on cheap clean wind, with plenty to spare.

@WeatherGuardLightningTech 24 дня назад

Maybe. Europe and North America lack the required capacity to build enough turbines. Even with the expertise clearly in Europe, the rate of build out will be slow.

@nigels.6051 24 дня назад

UK doesn't need many more turbines to reach net zero electricity. In 2012 our electricity was at nearly 600gCO₂/kWh, now it is at 109gCO₂/kWh, we have just closed our last coal powered plant. I see Denmark currently generating at 53gCO₂/kWh, and sending 1.5GW to the UK. Norway runs on hydro so started off near net zero electricity. The EU has the ability to reach net zero electricity even if individual countries don't have enough wind power themselves. Eastern Europe is a different matter, the Russian part is making zero progress! USA uses twice as much electricity per person as EU countries and is missing adequate transmission infrastructure, so they have an enormous and expensive task ahead, and appear to have hardly started! Of course the goal is to reach net zero energy, net zero electricity is just the first step.