Energy
Analysis: Ireland is dangerously exposed to the global crisis blowing through the wind energy sector
Lorcan Allen, our business editor, on a crisis point for the great hope of renewable power across the globe
The last decade has seen the cost of offshore wind delivery plummet to the point where it had finally become economically viable and could compete with other energy sources.
Yet the surge in inflation over the last two years has reversed this trend and delivery costs are now on the rise again.
This leaves planned projects all over the world totally unviable.