Who Owns UK’s Offshore Wind Farms?
By Paul Homewood | Not A Lot Of People Know That | August 30, 2022
https://ref.org.uk/generators/search.php
I wrote yesterday about the ownership of the London Array offshore wind farm, To recap, London Array is jointly owned by the German owned RWE, the Canadian investor CDPQ, Orsted the Danish state owned energy company and he strategic investment company of the Government of Abu Dhabi, MASDAR. At current wholesale prices, London Array is making about £800 million a year more than they would have at 2019 prices.
None of the consortium are retail electricity suppliers in the UK, so would be shielded from any windfall tax on or nationalisation of energy suppliers, as has been suggested.
I thought I would look at some of the other big wind farms, which are subsidised by ROCs. The chart above is provided by the Renewable Energy Foundation, and I have listed below the owners of the eight other wind farms with capacity of 300 MW and over.
Race Bank – Macquarie, Orsted, Sumitomo Bank
Greater Gabbard – RWE Renewables, SSE Renewables
Gwynt y Mor – RWE Renewables, Stadtwerke Munchen, UK Green Investment Bank
Rampion – RWE Renewables, Enbridge, Offshore Wind Company
Galloper – RWE Renewables, Siemens, Macquarie, ESB, Spring Infrastructure
West Duddon – Scottish Power, Orsted
Thanet – Vattenfall
Sheringham – Equinor, Statkraft, UK Green Investment Bank
In short, they are nearly all wholly owned by a mix of foreign energy companies, banks and other infrastructure investors. As with the London Array, all of these wind farms/owners would be unaffected by taxes on energy retailers, with the exception of SSE and Scottish Power.
The combined output of these eight and London Array is about 16 TWh a year. At current prices of £375/MWh, the excess profit now being “earned” is around £5 billion a year.
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The lies about the 1967 war are still more powerful than the truth
By Alan Hart | June 4, 2012
In retrospect it can be seen that the 1967 war, the Six Days War, was the turning point in the relationship between the Zionist state of Israel and the Jews of the world (the majority of Jews who prefer to live not in Israel but as citizens of many other nations). Until the 1967 war, and with the exception of a minority of who were politically active, most non-Israeli Jews did not have – how can I put it? – a great empathy with Zionism’s child. Israel was there and, in the sub-consciousness, a refuge of last resort; but the Jewish nationalism it represented had not generated the overtly enthusiastic support of the Jews of the world. The Jews of Israel were in their chosen place and the Jews of the world were in their chosen places. There was not, so to speak, a great feeling of togetherness. At a point David Ben-Gurion, Israel’s founding father and first prime minister, was so disillusioned by the indifference of world Jewry that he went public with his criticism – not enough Jews were coming to live in Israel.
So how and why did the 1967 war transform the relationship between the Jews of the world and Israel? … continue
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“None of the consortium are retail electricity suppliers in the UK, so would be shielded from any windfall tax on or nationalisation of energy suppliers, as has been suggested
You can bet your life that these “electricity suppliers” will be structured in such a way that they will never pay any tax, anywhere on Earth.
This is the result of Ronny Reagans plea for “Governments to get out of the way” and let “Big Business” do its thing
From now into the future, only the “Peasants” will have to pay Taxes………(We don’t pay taxes, only the little people pay taxes”) a famous NYC Real Estate Baroness(whose name escapes me)
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