EDP Renováveis and ENGIE consortium is awarded CfD for UK offshore wind project

Wednesday, 13 September, 2017 - 13:00

EDP Renováveis, S.A. (EDPR) and ENGIE announced that Moray Offshore Windfarm (East) Limited, a joint venture company currently owned by EDPR (77 %) and ENGIE (23 %), has been awarded a 15-year Contract for Difference (CfD) for the delivery of 950 MW of offshore wind generation at £ 57.50/MWh.

Further information on CfD
gov.uk/government/collections

The contract was awarded by the UK’s Department for Business, Energy & Industrial Strategy (BEIS) following its latest CfD auction. EDPR the world’s fourth-largest wind energy producer, and ENGIE are jointly developing this project, which is located off the north-east coast of Scotland. Upon conclusion of the development phase and the selection of all partners and suppliers for the different stages of construction and operation, the project would then move towards the construction phase. Moray East received consent from the Scottish Government to construct and operate 1116 MW of offshore wind generation in 2014. Planning permission in principle was granted by Aberdeenshire council for the onshore electrical infrastructure to connect the wind farm to the UK’s national electricity transmission grid. Completion and the commencement of commercial operation are expected in 2022.

João Manso Neto, CEO of EDPR said: “With today’s announcement EDPR increases its growth options in offshore wind in an attractive market, thereby enhancing and diversifying the company’s long term profitable growth options while maintaining a balanced risk profile. EDPR’s sustained commitment to the UK offshore wind market through Electricity Market Reform and the transition to CfD auctions have enabled dramatic cost reduction from £150/MWh in 2014 to £57.50/MWh today.

Wilfrid Petrie, CEO for ENGIE in the UK & Ireland, commented: “We are delighted that the Moray East offshore wind farm has received this CfD, which is an important step in taking this project forward. This will be ENGIE’s first offshore wind development in the UK, and complements our growing global offshore wind portfolio with projects in France, Portugal and Belgium, as well as our existing renewables operations in the UK.

EDPR / ENGIE / Silke Funke

Similar Entries

Only one year after the successful commissioning of Taiwan’s pioneering Formosa 1 Phase 1 offshore wind power plant, Siemens Gamesa Renewable Energy (SGRE) has been contracted to supply an additional 120 MW of capacity for Formosa 1 Phase 2. The contracts signed today are subject to the joint venture’s final investment decision and financial close, which are expected later this year. In addition to the turbine supply agreement, a 15-year Full service agreement is also signed and includes the provision of spare parts and tools to help ensure the reliability and optimal performance of the turbines. The installation of the 20 SWT-6.0-154 wind turbines will start in 2019. They will expand the total capacity of Formosa 1 wind power plant to 128 MW.

Peterhead Port has been awarded a major EOWDC contract (photo: EOWDC)

Game-changing turbine foundations and one of the world’s largest floating cranes to be marshalled at harbour for Vattenfall’s European Offshore Wind Deployment Centre

Hornsea Project One is located 120 km off the Yorkshire Coast. (Graphic: DONG Energy)

The Rostock based company EEW Special Pipe Constructions (EEW SPC) has been awarded two new orders for the delivery of 205 monopiles in total. 174 of the foundations are meant to be for Hornsea Project One, the world’s first wind farm with a capacity of more than one Gigawatt. 31 monopiles have been ordered by the Dutch marine contractor Van Oord.

In 2017, Mammoet, heavy lifting and transport specialist, has been contracted by Lamprell Energy for the heavy lifting and transport of 60 jacket foundations for the East Anglia One offshore wind farm project.