because of inflation.
It’s not an issue specific to renewables it is an issue with the broader economy.
Or have you been living under a rock?
Comment on ‘Biggest clean energy disaster in years’: UK auction secures no offshore windfarms
lasagna@programming.dev 1 year ago
Who’d guess a race for renewables would cause the prices to skyrocket?
Cypher@lemmy.world 1 year ago
MrMakabar@slrpnk.net 1 year ago
The problem in this case is that there are only two large offshore wind markets, that being Europe and China. Both are relativly separate and the UK has dominated the European market for years, as the other North Sea bordering countries have not auctioned of large areas. That has changed due to the energy war in Europe. So now the UK has to actually compete for skilled workers, spezialiced ships and so forth.
However it will be solved as more demand means more investment and that logically means prices will fall.