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Released February 22, 2017 | GALWAY, IRELAND
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Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--A month after the first 6-megawatt (MW) turbine was installed at the Dudgeon offshore windfarm in the U.K., first electricity has been generated at the site.
Up to 6,000 homes are now receiving power from the first turbine, with 66 more turbines expected to be installed and commissioned later this year. Located 32 kilometres (km) out to sea from the Norfolk coast in eastern England, the windfarm is one of the largest under construction in the U.K., and when fully operational it will be capable of generating enough power for more than 400,000 homes. The windfarm will have a total generating capacity of 402 MW, using turbines from Siemens AG (FWB:SIE) (Munich, Germany). It is notable for being the first U.K. offshore wind project to obtain financing under the U.K. government's Contract for Difference (CfD) scheme, where projects are guaranteed a set price for electricity produced for an extended period of time. CfD now replaces the older Feed-in-Tariff (FiT) scheme traditionally used for all power projects.
"This is a significant milestone for one of the largest offshore wind farms in Europe. I am particularly satisfied with the on-time deliveries and the HSE performance so far," said Margareth Øvrum, Statoil's executive vice president for Technology, Projects and Drilling.
Last year, 67 foundations were installed on the Dudgeon Bank, along with the cables and the offshore substation.
"Building a profitable renewable portfolio on the foundation of 40 years of oil and gas experience is a competitive advantage," commented Stephen Bull, Statoil's senior vice president for offshore wind. "We can leverage on our marine operations competence, our experience with complex projects and our supply chain. A lot of work remains, but seeing the first Dudgeon turbine producing electricity is very satisfying."
The windfarm is owned by Abu Dhabi-owned green energy company Masdar (35%) and Norwegian companies Statoil ASA (OSE:STL) (Stavangar) (35%) and Statkraft AS (Oslo) (30%). Statkraft, however, may be selling its stake in the windfarm along with major shares in a number of offshore wind projects.
In September, Industrial Info reported that the company was looking at selling off its stakes in up to 1.5 gigawatts (GW) of offshore windfarm projects located in U.K. waters. Earlier in the year, the company had said that it was stopping future investments in offshore wind in order to keep paying dividends to shareholders. For additional information, see September 15, 2016, article--Statkraft Plans 1.5-Gigawatt Offshore Wind Sale.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Our European headquarters are located in Galway, Ireland. Follow IIR Europe on: Facebook - Twitter - LinkedIn For more information on our European coverage send inquiries to info@industrialinfo.eu or visit us online at Industrial Info Europe.
Up to 6,000 homes are now receiving power from the first turbine, with 66 more turbines expected to be installed and commissioned later this year. Located 32 kilometres (km) out to sea from the Norfolk coast in eastern England, the windfarm is one of the largest under construction in the U.K., and when fully operational it will be capable of generating enough power for more than 400,000 homes. The windfarm will have a total generating capacity of 402 MW, using turbines from Siemens AG (FWB:SIE) (Munich, Germany). It is notable for being the first U.K. offshore wind project to obtain financing under the U.K. government's Contract for Difference (CfD) scheme, where projects are guaranteed a set price for electricity produced for an extended period of time. CfD now replaces the older Feed-in-Tariff (FiT) scheme traditionally used for all power projects.
"This is a significant milestone for one of the largest offshore wind farms in Europe. I am particularly satisfied with the on-time deliveries and the HSE performance so far," said Margareth Øvrum, Statoil's executive vice president for Technology, Projects and Drilling.
Last year, 67 foundations were installed on the Dudgeon Bank, along with the cables and the offshore substation.
"Building a profitable renewable portfolio on the foundation of 40 years of oil and gas experience is a competitive advantage," commented Stephen Bull, Statoil's senior vice president for offshore wind. "We can leverage on our marine operations competence, our experience with complex projects and our supply chain. A lot of work remains, but seeing the first Dudgeon turbine producing electricity is very satisfying."
The windfarm is owned by Abu Dhabi-owned green energy company Masdar (35%) and Norwegian companies Statoil ASA (OSE:STL) (Stavangar) (35%) and Statkraft AS (Oslo) (30%). Statkraft, however, may be selling its stake in the windfarm along with major shares in a number of offshore wind projects.
In September, Industrial Info reported that the company was looking at selling off its stakes in up to 1.5 gigawatts (GW) of offshore windfarm projects located in U.K. waters. Earlier in the year, the company had said that it was stopping future investments in offshore wind in order to keep paying dividends to shareholders. For additional information, see September 15, 2016, article--Statkraft Plans 1.5-Gigawatt Offshore Wind Sale.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Our European headquarters are located in Galway, Ireland. Follow IIR Europe on: Facebook - Twitter - LinkedIn For more information on our European coverage send inquiries to info@industrialinfo.eu or visit us online at Industrial Info Europe.
