Wind Turbine Malfunctions Near Nantucket: Challenges in Wind Energy Financing and Reliability

Doug McIntyre reports on a malfunction at a wind farm near Nantucket where a massive turbine blade broke off and washed ashore. He discusses the ongoing challenges of wind energy, highlighting that frequent malfunctions make these turbines difficult to maintain and finance. The need for significant investment in wind power is complicated by high operating costs and the difficulty of securing loans when the technology is unreliable. McIntyre warns that if these issues aren’t resolved, the future of wind energy could be jeopardized.