yep demand for copper will fly but looks like CYM won't be benifiting from it, who is in control of CYM, at the moment it's the ones with all the cash and for now no one wants to lend it out as they can get higher rates. If CYM is offered a rate at 10% previously then the offer would be changed to a higher rate. I get the feeling this is whats going on, it's negotiations, interest rate originally offered was probably 8% but BAZ possibly didn't like it and now rates are going up Baz is possibly agreeing with the rate but guess what the rate has just gone up and on and on it goes and where it will stop nobody knows, you get the picture. I am not saying that this is what's happening but it could be a possible situation of whats going on in these unpredictable times.Surveys on the potential Dogger Bank D site started in August and are expected to conclude at the end of November.
A, B, and C alone will be capable of powering up to six million UK homes once it’s completed in 2026 – and there are approximately 28.1 million households in the country.
If the fourth phase is carried out, the capacity of the world’s largest offshore wind farm would reach nearly 5 gigawatts.
In May, Electrek reported that offshore construction work had officially started with the installation of the first length of HVDC export cable off the Yorkshire coast. Dogger Bank will be the first HVDC-connected wind farm in the UK.
In December 2021, SSE and Equinor announced that they had secured financing to proceed with the construction of the $3.98 billion Dogger Bank C.
GE Renewable Energy will provide 87 units of the enormous Haliade-X 14 MW wind turbines for Dogger Bank C. As Electrek previously reported, “According to GE, one turbine can generate up to 74 GWh of gross annual energy production, saving up to 52,000 metric tons of carbon dioxide – the equivalent of the emissions from 11,000 vehicles in one year.”
Global Wind Energy & Infrastructure, page-11
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