Orsted mythbusts Isle of Man windfarm - video Dailymotion

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1 year ago

Orsted mythbusts Isle of Man windfarm

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00:00There's one myth you could bust in this little clip now, what would be the one that you wanted to do, sir?

00:06So one of them is, how much is this going to cost me?

00:09And, you know, it's perfectly reasonable that people think this looks like a really expensive piece of infrastructure.

00:15It's not, you know, it's not trivial, it's four and a half billion pounds perhaps.

00:18But that is a cost that comes entirely to the project company, to Austin and to the Moor Valley Project.

00:23It doesn't touch the Isle of Man's cost base at all.

00:28So it's been really helpful to be able to explain that to people.

00:31So in simple terms, it will not cost people anything, is this?

00:35No, we are spending our own money as a company to develop the project.

00:38We will spend our own money as Orsted to construct the project and to operate it.

00:44All we'd get is the revenue from selling the electricity.

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