World’s Biggest Wind Farm Gets Go Ahead
By Paul Homewood
Compare and contrast these two announcements made on the same day:
Fiddlers Ferry is shutting down 1.5 GW of power, capable of producing 10.5 TWh a year, on a regular basis and without subsidy.
The new Hornsey wind farm will have a capacity of 1.2 GW, (although apparently they only have a combined grid connection of 1.0 GW), with potential output of maybe 3.0 TWh a year, and with a subsidy of about £100/MWh, or £300 million each year, guaranteed and index linked for 15 years. This power will not be dispatchable, ie available on demand when needed.
Hornsey will be 100% owned by DONG Energy, the Danish state owned company.
Energy Secretary Amber Rudd said:
Thanks to Government support the UK is the world leader in offshore wind energy and this success story is going from strength to strength
It does not take a genius to work out that the only reason why the UK leads the world is that the rest realise how hopelessly expensive offshore wind is, and are not prepared to fork out such crippling subsidies.
If this is her idea of a success story, I hate to think what a failure will look like.
I should point out that agreement to guarantee the strike price of £140/MWh (at 2012 prices) was made by Ed Davey, as part of DECC’s Final Investment Decision Enabling for Renewables in April 2014.
Altogether 4.5 GW of capacity, mainly offshore, was given this guarantee prior to final investment decisions being made.