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re: Offshore Windmill Farms....booming buisness

Posted on 12/27/18 at 10:58 am to
Posted by Allyn McKeen
Key West, FL
Member since Jun 2012
4301 posts
Posted on 12/27/18 at 10:58 am to
quote:

It's the service companies that are making bank



My Danish family is bigly into onshore windmills. One large windmill will generate 2M euros per year. Maintenance per year averages 1.5M euros per year. After all other expenses, the profit margins are pretty thin.

Each new generation is a bit more reliable, but the progress is slow. Until reliability improves, the service companies will continue to make the most money. My family just wants to be in position when maintenance drops to a reasonable level.

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