Turbine Shortage, Rising Costs Stall $120 Billion of Wind Farms
Lars Paulsson and Paul Dobson, Bloomberg, 14 May 2008
Twenty-foot waves battered the Lisa A on the night of Sept. 16 in the Irish Sea, damaging two of the turbine-installation platform's undersea legs and forcing the crew to evacuate as it listed to 30 degrees.
The barge has been out of service ever since, halting work on E.ON AG's Robin Rigg wind farm for seven of the past eight months because only one short-term replacement could be found.
Equipment shortages and rising costs are stalling as much as $120 billion of offshore projects the European Union and other governments are counting on to reduce the use of fossil fuels and combat global warming. ... Read full article
