it seems that Ørsted is delaying the offshore wind project until

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Townbank - it seems that Ørsted is delaying the offshore wind project until 2026? Makes sense, do they see the handwriting on the wall. I do not blame Ørsted, they merely sell a product that some people want, and people are lucky companies exist that can make anything they want, but if I’m buying a $3 can opener and it doesn’t work out, I can toss it and buy a better one for $10 and it’s no big deal. Large capital expenditures however, deserve much more thought and consideration. If we find out after much time and obscene amounts of money that it isn’t going to work, that’s a big problem, and removal is very costly

Print Publication Date: 
9/06/2023