210309 | Cornwall’s Wave Hub asks for more cash in advance of sale to the private sector
Cornwall’s Wave Hub asks for more cash in advance of sale to the private sector
“The legal liability for decommissioning lies with Cornwall Council, as owners of Wave Hub Limited, and oversight of a decommissioning operation will require the employment of specialist offshore renewables staff, with capabilities and experiences including but not limited to those of the current WHDS executive staff,” says the Wave Hub business plan.
County Hall is hoping to display its offshore wind energy plans during the G7 summit in June – by which time there might have been a change in the political leadership of the council. The Wave Hub business plan, in its “worst case scenario,” paints a picture of a failed sale and decommissioning completed, with all scrap metal removed and the sea bed restored, by the end of 2022.
The Wave Hub has consumed more than £40 million and never delivered a single watt of commercial electricity.
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