OSW cable failures could cost €billions - report

Offshore wind cable

Failure rates of offshore wind cables and interconnectors could result in costs of up to €61.5 billion by 2035, a report by energy data firm TGS says.

Cable failures poses a real challenge for the vessel industry and could lead to vessel shortages and much higher costs, which could affect wind farm development decisions.

This is premium content

Already a member? SIGN IN now

V2-MJ

Sign up for FREE to continue this article…

It only takes a minute to sign up for a free account, and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial marine sector
  • Access to the Maritime Journal Industry Database
  • Monthly Maritime Journal Magazine (Restricted digital edition)
  • Website access (3 standard news articles per month)

Get access and more free content sign up today

Does your organisation require more access? Upgrade to a subscription and enjoy unlimited news and additional features.