

  (Source: Siemens AG)
Project cost $2.84B USD, exploits natural abundance of marine winds


I. London Array is Turned On





II. Green Profit, But Energy Firms are Hungry for More




UK offshore wind
[Image Source: Siemens]




Sources: London Array [press release], Bloomberg

Comments     Threshold


RE: Idiots...
By StevoLincolnite on 7/5/2013 5:33:58 AM , Rating: 2
For the love of god, do try and put at-least a little effort into your post.

As for your point about Thorium, that's all well and good, but the majority of reactors on the planet today don't use it. (That's Hundreds, in-case you needed to know.)

Plus, it's still a fuel, read my last post as all the points still stand.

RE: Idiots...
By Mint on 7/5/2013 12:44:17 PM , Rating: 2
You didn't make many good points.

Nuclear doesn't need to use freshwater. Seawater cooling is common.

Uranium production isn't a problem, because the supply has been shown to be effectively infinite if ore price goes up by 5-10x (it can be extracted from the sea). Such a price hike would only increase electricity price by ~0.5c/kWh.

Nuclear's main problem in the UK is that they have rather sucked at it, resulting in some of the highest prices in the world. That doesn't necessarily have anything to do with the future, but it doesn't bode well.

Given this incompetence, I can see why the UK isn't very hot on nuclear.

RE: Idiots...
By StevoLincolnite on 7/6/2013 5:20:57 AM , Rating: 1
Nuclear doesn't need to use freshwater. Seawater cooling is common.

Right, because places like the middle of Australia has ample supplies of *any* type of water.

RE: Idiots...
By Mint on 7/8/2013 5:40:54 AM , Rating: 2
85% of Australia's population is within 50km of the coast, 99%+ within 200km.

There's also something called power lines, FYI.

