Wind Power Blows Through Nuclear, Coal as Costs Drop at Sea
- Falling costs make offshore turbines increasingly attractive
- Germany may see record low price bid in auction in April
A wind turbine in the waters off Block Island, Rhode Island, U.S.
Photographer: Eric Thayer/BloombergThis article is for subscribers only.
Water and electric power plants don’t mix well naturally, unless you add some wind.
Water tends to corrode and short out circuits. So what’s happening in the the renewable energy industry, where developers are putting jumbo-jet sized wind turbines into stormy seas, is at the very least an engineering miracle.