Although subsea electricity lines account for about only 15% of the total cost of an offshore wind farm, the preponderance of bad-news stories emanating from projects in recent years can be traced back to the cabling sector.
From Oceanteam’s decision to withdraw from cable-laying in 2009 after haemorrhaging money at projects such as Rhyl Flats and Gunfleet Sands, to Subocean’s stumble into administration after biting off more than it could chew at Thanet and Greater Gabbard, the sector has consistently been the bane of the broader offshore wind industry.
Delayed
