Posted by: Rob Norris
Commenting on RWE's acquisition of three large offshore wind farm projects - Norfolk Boreas (1.38 gigawatts) which had been put on pause by Vattenfall, as well as two other Vattenfall projects - Norfolk Vanguard East (1.38GW) and Norfolk Vanguard West (1.38GW), RenewableUK's Chief Executive Dan McGrail said:
"RWE's decision to take over these massive projects is a huge vote of confidence in Britain's world-class offshore wind industry. These projects will bring billions in private investment to the UK, boosting our energy security and providing low-cost power for consumers in the years ahead.
"It comes just a day after Ørsted announced that it has reached Final Investment Decision on Hornsea 3, the biggest consented offshore wind project in the world - and on the same day that wind energy generation in the UK hit a new record high.
"This shows that Britain is regaining its position as the leading market for offshore wind investment, moving past the disappointment of this year's CfD auction. We have to give a lot of credit to the Government and the new Secretary of State, who have been working even closer with the industry over the last two months, bringing forward a series of positive announcements including more sustainable administrative strike prices, permanent full expensing for investors in green technology and funding to support clean energy manufacturing in the UK. We're now back on track and we hope to secure a record amount of capacity in next year's auctions for new clean energy projects".
"I'd like to congratulate RWE for announcing their acquisition today, as these projects represent over 4 gigawatts of capacity - more than a quarter of our current offshore wind capacity overall, as well as recognising the huge amount of hard work put in by Vattenfall to develop these major projects to this stage".
More details on RWE's acquisition are available here.
For further information, please contact:
- Robert Norris, Head of Communications 07969 229 913 Robert.Norris@RenewableUK.com
Notes:
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