{"id":280318,"date":"2023-09-25T13:05:13","date_gmt":"2023-09-25T11:05:13","guid":{"rendered":"https:\/\/climatescience.press\/?p=280318"},"modified":"2023-09-25T13:05:29","modified_gmt":"2023-09-25T11:05:29","slug":"subsea-cable-failures-could-derail-offshore-wind-ambitions-insurance-costs-becoming-prohibitive","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=280318","title":{"rendered":"Subsea cable failures could derail offshore wind ambitions \u2013 insurance costs \u2018becoming prohibitive\u2019"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From Tallbloke’s Talkshop<\/a><\/p>\n\n\n\n

September 25, 2023 by\u00a0oldbrew<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Another blow for net-zero dogmatists. More evidence that cheap offshore wind power doesn\u2019t exist and nobody can control its costs, or be sure of a good level of reliability.<\/em>
\u2013 \u2013 \u2013
Global Underwater Hub (GUH) is leading the charge to tackle failures in underwater cables which could derail global offshore wind ambitions, says AGCC<\/a>.<\/em><\/p>\n\n\n\n

The trade body, which champions the UK\u2019s \u00a38billion underwater industry, says that reliability of subsea cables is \u201cparamount\u201d to the success of offshore wind and the energy transition.<\/p>\n\n\n\n

But failure of these cables is all too common, to the point that the cost of insuring them is becoming prohibitive.<\/p>\n\n\n\n

GUH chief executive, Neil Gordon, said: \u201cIt\u2019s estimated that around 85% of the total value of offshore wind insurance claims relate to subsea cables. Insurers are losing money underwriting cables with the average settlement claim in the region of \u00a39million. Brokers have warned that the high number of cable claims is affecting capacity and coverage and the cost of repairs typically runs into millions, with warranties rarely covering the high cost of business interruption.<\/p>\n\n\n\n

\u201cIf these critical components become uninsurable, offshore wind projects around the world will be derailed, making global 2050 net zero targets completely unachievable.\u201d<\/p>\n\n\n\n

Globally, over \u00a3620billion of investment in offshore windfarms is anticipated by 2030 and, for the world to hit net-zero emissions by 2050, the generating capacity from offshore wind must increase by a staggering 1,120 GW. The subsea cable sector for offshore wind has been estimated at \u00a3100billion over the next ten years.<\/p>\n\n\n\n

Mr Gordon added: \u201cThis scale of expansion and opportunity can only be achieved by installing and maintaining thousands of miles of reliable cables under the seabed.<\/p>\n\n\n\n

\u201cThere is an urgent need for a holistic approach to finding solutions which can be implemented as offshore wind increases in scale and technical capability with higher voltages and dynamic elements.\u201d
. . .
Mr Gordon explained: \u201cWith the shift from fixed to floating offshore wind, where the dynamic nature of floating cables is even more challenging, the critical issue of their reliability must be addressed as a matter of urgency.<\/p>\n\n\n\n

\u201cIt\u2019s clear there are inherent issues affecting the performance and reliability of subsea cables that are within the industry\u2019s control. Failures can stem from any stage in the cable lifecycle \u2013 from design to manufacture, handling and installation, through to operation and maintenance.\u201d<\/p>\n\n\n\n

Full article\u00a0here<\/a>.<\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Another blow for net-zero dogmatists. More evidence that cheap offshore wind power doesn\u2019t exist and nobody can control its costs, or be sure of a good level of reliability.<\/p>\n","protected":false},"author":121246920,"featured_media":280321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818618,691822942,691818301,691822941],"class_list":{"0":"post-280318","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-energy-transition","9":"tag-global-underwater-hub-guh","10":"tag-offshore-wind","11":"tag-subsea-cable-failures","13":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0subsea-cables.jpg?fit=1920%2C1080&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1aVg","jetpack-related-posts":[{"id":282149,"url":"https:\/\/climatescience.press\/?p=282149","url_meta":{"origin":280318,"position":0},"title":"Failing underwater cables \u201cpose global threat to offshore wind\u201d","author":"uwe.roland.gross","date":"10\/06\/2023","format":false,"excerpt":"From JoNova By Jo Nova They\u2019re not much use without a lot of cabling. |\u00a0\u00a0 Image by\u00a0Norbert Pietsch\u00a0from\u00a0Pixabay Thanks to Oldbrew at\u00a0Tallblokes Talkshop Who knew high voltage cables running for kilometers in a deep electrolytic moving body of water would be expensive? The 245kV Wolfe Island Cable |\u00a0Photo by Z22\u2026","rel":"","context":"In \"Basslink\u00a0Cable\"","block_context":{"text":"Basslink\u00a0Cable","link":"https:\/\/climatescience.press\/?tag=basslink-cable"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0wind-farm-offshore-3d-rendering-view-of-submarine-cables_shutterstock-2048x1178-1.jpg?fit=1200%2C690&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0wind-farm-offshore-3d-rendering-view-of-submarine-cables_shutterstock-2048x1178-1.jpg?fit=1200%2C690&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0wind-farm-offshore-3d-rendering-view-of-submarine-cables_shutterstock-2048x1178-1.jpg?fit=1200%2C690&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0wind-farm-offshore-3d-rendering-view-of-submarine-cables_shutterstock-2048x1178-1.jpg?fit=1200%2C690&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0wind-farm-offshore-3d-rendering-view-of-submarine-cables_shutterstock-2048x1178-1.jpg?fit=1200%2C690&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":385756,"url":"https:\/\/climatescience.press\/?p=385756","url_meta":{"origin":280318,"position":1},"title":"UK Pulls Plug on \u00a324 Billion Desert Power Fantasy","author":"uwe.roland.gross","date":"06\/29\/2025","format":false,"excerpt":"It comes as little surprise that yet another grandiose techno-utopian vision has ended not with a triumphant march toward Net Zero, but with a flick of the off-switch. 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French, admits, \u201cNew York\u2019s signature offshore wind projects meant to boost confidence in the industry are being scrapped, a major hit to the industry in the state and the nation\u201d. 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