Ageir in a panic
The cost of the western isles interconnector cable has risen by 75 per cent to at least £700 million. By implication the Shetland cable and convertor station will now cost well in excess of £1 billion thus making the already uneconomic Viking Energy wind farm even less viable.
In the wake of this, Tuesday’s meeting (Aegir update, SN 5 Nov. 12) of the Ageir wave farm partners with the SIC and Shetland Charitable Trust to “ramp up” their activities West of Shetland is surely a panic move by them.
A panic move to get millions in so-called ‘investments’ from the soft touch, honey pot of Shetland Charitable Trust before the plug is finally pulled on Viking Energy wind farm by the newly re-formed trust.
Peter Alexander Fraser
peter.fraser1@tiscali.co.uk
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