DW: Opportunity Abound in UK Offshore Wind Sector
In November, Energy Secretary Amber Rudd announced her vision for the energy system: to put consumers first, increase competition and secure electricity generation for the U.K. In addition to a proposal to end unabated coal-fired power stations and prioritize gas-fired power stations, the Energy Secretary disclosed a commitment to offshore wind whereby the government will support the target of 10 GW of capacity by 2020, if costs reduction conditions are met. According to Rudd, the cost of contracts for offshore wind have reduced by 20 percent over the last two years, but costs need to reduce
Forewind Scales Back World's Largest Offshore Wind Project Plans
subsidies with a contracts-for-difference (CfD) system. Under the scheme, qualifying projects are guaranteed a minimum price at which they can sell electricity and renewable power generators bid for CfD contracts in a round of auctions. Britain's Energy and Climate Change Secretary Amber Rudd last month cast doubt on whether there would be another auction of CfDs after announcing existing subsidy schemes would be pared back due to a 1.5 billion pound ($2.32 billion) overspend. ($1 = 0.6463 pounds) (Reporting by Susanna Twidale; editing by Susan Thomas
Dogger Bank Wind Development Consents Total 4.8GW
that of Dogger Bank Creyke Beck in February. Both consented developments have a proposed installed capacity of 2.4GW making them the equal largest renewable energy applications ever to be approved in the U.K., and together the world’s biggest planned offshore wind scheme. The Rt Hon Amber Rudd MP, Secretary of State for Energy and Climate Change, approved the application for Dogger Bank Teesside A&B, submitted to the Planning Inspectorate by Forewind in March 2014. The consent approval of the 2.4 GW Dogger Bank Teesside A&B development allows for two separate 1.2GW projects
February 2024
