The City of Glass: Interrogating the architectural gaps of London’s offshore wealth by Chidi Abajue - Commentary@ITREALMS

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Ulasi Ogbagbu sits where truth and discomfort meet — not to accuse, but to ask the question others are afraid to finish: “When wealth travels farther than its owner’s name, what exactly is being hidden, identity, or accountability?”

The revelation that is not a revelation
The recent report linking the late Herbert Wigwe to 106 properties in London did not shock the attentive observer. It merely confirmed a pattern long whispered and carefully avoided within the global financial theater. London, particularly its elite districts, has evolved into more than a city; it is a vault without visible keys.

Offshore wind technologies rapidly become commercialized - ITREALMS

ITREALMS:

The International Renewable Energy Agency (IRENA) has said that offshore wind technologies are rapidly becoming commercialized, which result in keeping electricity cheaper, reports ITREALMS.

IRENA in its third Quarterly publication, made available to ITREALMS showed that in the year 2000, the world’s installed offshore wind capacity amounted to 67 megawatts (MW) – only enough to supply 33 500 average within European Union (EU) households with electricity.

By last year, IRENA said, this had reached almost 20 gigawatts (GW), which could, cumulatively, power a large United States (US) city like Los Angeles.

This growth has been driven by continual cost reduction, enabled by technology improvements and other developments in the offshore wind industry.

Since the first offshore wind farm operated in Denmark, in 1991, turbine blades have been getting bigger and foundations more diverse. Yet turbines anchored to the sea floor are still constrained by water depth, keeping areas with the greatest wind potential – some close to enormous markets, like Japanese or US cities – out of reach. This is set to change quickly, however, with the advent of floating foundations.

Until today, offshore wind power has mainly been developed in Europe. Further expansion depends on more research, continued technology improvements and achieving reliability in different environmental conditions.

Nenye Dom/GEE

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