Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
So now that you have demonstrated that an offshore wind farm can be refinanced what will the fossil fuel industry do? Got a hazmat suit?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Dec 20th, 2012 at 10:48:03 PM EST
They're blowing plenty of toxic smoke as it is <coff coff>.
by afew (afew(a in a circle)eurotrib_dot_com) on Fri Dec 21st, 2012 at 01:42:07 AM EST
[ Parent ]
Refinancing is easier than financing, so that should not be too scary. Wind power is more incompatible with rigid baseload like nuclear than with flexible plants like fuel-fired plants, so I'm not sure the distinction is this one.

What is clear is that a renewables-rich power system will need lots of fossil-fuel power plants, but not so much fuel fuel - so it will be good for plant manufacturers, for smart operators who sell availability of their plant rather than actual production, and less so for fuel suppliers and for power plant operators that were counting on running flat out.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Fri Dec 21st, 2012 at 10:05:43 AM EST
[ Parent ]


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