26min chapter

Behind the Balance Sheet cover image

E2 Barry Norris explains why offshore wind economics are unsustainable.

Behind the Balance Sheet

CHAPTER

Navigating the Energy Transition: Challenges and Sustainability

The chapter explores the challenges and sustainability issues in transitioning to wind and solar energy sources, discussing the inefficiencies, intermittency, and economic impacts of these renewable sources. It critiques the potential negative effects on GDP per capita and standard of living, questioning the feasibility of relying solely on intermittent power for energy grids. The analysis delves into the economic implications of offshore wind economics, highlighting concerns about the sustainability of current government targets for offshore wind capacity.

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