SSE, Statoil and Innogy allocate ownership of Dogger Bank offshore wind turbine parc

The ownership arrangements for the four consented Dogger Bank offshore wind projects have been agreed and allocated by the three Forewind shareholders –  Innogy, SSE and Statoil.

The Forewind Offshore wind consortium was awarded consents for 4.8 gigawatt (GW) of offshore wind development at Dogger Bank in the North Sea in 2015. The consents comprise four individual 1.2GW projects.  

SSE and Statoil together will each own 50% of the three projects: Dogger Bank Creyke Beck A, Dogger Bank Creyke Beck B and Dogger Bank Teesside A (shaded light blue in the map above)

The fourth project, Dogger Bank Teesside B will be owned 100% by Innogy (shown in red on map, above).

The 1.2GW innogy project alone is twice the size of world’s largest existing offshore wind farm, while the three SSE and Statoil projects together total 3.6GW.

The new ownership agreements mean the projects will now progress towards final investment decisions by their respective owners.

Trevor Baker, Forewind General Manager, said that the consortium successfully delivered on its objective to achieve the consents and now that the projects have been allocated, the respective owners will determine how the four projects, each a significant development in its own right, will be taken forward.

The Forewind consortium will now no longer be involved with the Dogger Bank projects, but will oversee the decommissioning of the two met masts.

Mike Seaton, SSE Director of Development, commented: “Offshore wind is a major part of SSE’s transition towards a low carbon portfolio and has the potential to deliver significant industrial benefits for the UK economy.”

11 Aug 2017

 

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