Orsted and IoM Government finalising proposals for site to serve UK market
Building an offshore wind farm to serve the Isle of Man isn't a feasible economic proposition.
That's from Chief Minister Alfred Cannan as the government continues discussions with Danish energy firm Orsted.
Mr Cannan has confirmed Orsted's current proposals for a wind farm off the Island's coast would mainly serve the UK market, with Treasury still needing to finalise taxation and royalties.
He says such a facility to generate energy for the Island isn't financially viable:
Government 'expects fuel pricing to stabilise by middle of week'
Tanker carrying 4.5 million litres of fuel waiting to dock
Queues at pumps as diesel prices increase across Island
We aren't the fun police!
Essential work completed at Grove Museum