Offshore wind decommissioning could cost UK £3.6bn

Offshore wind farm [image credit: Wikipedia]

According to Wind Power Offshore, UK Decommissioning of 37 offshore wind farms in various stages of development in UK waters could cost the taxpayer between £1.28 billion (€1.44 billion) and £3.64 billion (€4.12 billion), a new report has revealed.

Developers and owners are liable to cover the costs, which are believed to be less than 1% of levelised cost of energy (LCOE), according to a study carried out for the Department for Businesses, Energy and Industrial Strategy (BEIS).

But if they are unable to organise and fund decommissioning, BEIS, seabed landlord the Crown Estate and the Scottish government could pick up the bill.

Consultants at Arup defined decommissioning’ as inter-array cables being disconnected and their ends being buried, wind turbines being dismantled and transferred to shore, and foundations being cut below the seabed, and the top section removed and returned to land.

BEIS is the ‘executioner of last resort’ if a project’s developer or owner cannot fund decommissioning, Arup explained in its report, ‘Cost estimation and liabilities in decommissioning offshore wind installations’.

Full story

via Tallbloke’s Talkshop

October 12, 2019 at 05:30PM

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