Wind turbine models overestimated output: to cost millions per year

How is this not outright fraud? Oh yeah, because they’re trying to save the planet by fleecing the lot of us – based on dodgy models. The problem of the Age.

Copenhagen-based Orsted A/S announced that offshore wind farms wouldn’t produce quite as much power as previously forecast. The adjustment could shave millions of dollars of revenue a year off each project. It’s also a warning to other developers who may have used similar analysis to estimate the economics of their projects.

Orsted is the leader in placing turbines at sea, with projects across Europe, Asia and the U.S….

“Our findings point to a higher negative effect on production than earlier models had predicted,” Orsted’s Chief Financial Officer Marianne Wiinholt

Tallbloke's Talkshop

Who could have guessed turbines might block the wind going to other turbines?

H/T Sasha Via Bloomberg:

The world’s biggest developer of offshore wind farms issued a reality check to the industry, saying it has overestimated the amount of time its turbines are generating electricity.

Copenhagen-basedOrsted A/Sannounced that offshore wind farms wouldn’t produce quite as much power as previously forecast. The adjustment could shave millions of dollars of revenue a year off each project. It’s also a warning to other developers who may have used similar analysis to estimate the economics of their projects.


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