Orsted pulls plug on Hornsea 4 windfarm, blaming a surge in challenges

Orsted Halts Work on Giant UK Wind Farm Citing Rising Costs

The world’s largest offshore wind developer is discontinuing work on a giant UK project in its current form because of rising costs and the risk of delays. Orsted announced on May 7 that it is pulling out of its flagship 2.4-gigawatt (GW) Hornsea Project 4, which was granted a contract only last year. The news is a blow to UK Secretary of State for Energy and Climate Change Ed Miliband, who is pursuing a goal to decarbonize the whole economy, wh…

Orsted Cancels Hornsea 4 Wind Farm – and Kills Miliband’s ‘Clean Power 2030’ Agenda Dead

If we cannot rely upon either the capacity being delivered nor the price being honoured then the whole Allocation Round process has become a farce. It is time for Miliband to declare that his Clean Power 2030 plan is dead. It is no more, it has ceased to be, it’s expired and gone to meet its maker.

Energy company Orsted cited the deteriorating business environment and announced that it would suspend development of an offshore wind farm project planned for the UK.

Clean energy mission blow as Hornsea 4 windfarm cancelled

In a blow to the government's clean energy ambitions, a company cancels a huge windfarm off Yorkshire.

Danish firm Ørsted halts huge UK offshore wind farm project

Danish renewables firm Ørsted said on Wednesday it was shelving plans to build a massive wind farm off the UK coast due to rising costs, dealing a setback to Britain's clean energy goals.

Orsted Cancels Hornsea 4 Wind Farm – and Kills Miliband's 'Clean Power 2030' Agenda Dead – The Daily Sceptic

Orsted has today cancelled its flagship Hornsea 4 offshore wind farm, citing escalating costs, in a move that effectively kills Miliband's 'Clean Power 2030' agenda dead, says David Turver. The post Orsted Cancels Hornsea 4 Wind Farm – and Kills Miliband’s ‘Clean Power 2030’ Agenda Dead appeared first on The Daily Sceptic.