09-24-2010, 06:18 AM
Quote:The world's largest offshore wind farm opened Thursday off the British coast, with 100 wind turbines capable of supplying enough electricity for 200,000 homes a year.source:
The farm, off the coast of Kent in southern England, is part of a major renewable energy initiative spearheaded by the previous British government.
Swedish energy company Vattenfall will operate the farm after having invested around 880 million pounds ($1.38 billion).
now thats what i'm talking about.
if it can be done, and another one is being built around the corner, why isn't it being done more often? surely it can't be cost. wouldn't people want to invest cash into such projects.
i think governments should invest in such farms on behalf of their citizens. in the long term they'll be better dividends than hedge funds many pension funds go into.
