• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 min GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 hours They pay YOU to TAKE Natural Gas
  • 10 hours How Far Have We Really Gotten With Alternative Energy
  • 9 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 13 days e-truck insanity
  • 11 days An interesting statistic about bitumens?
  • 1 day The United States produced more crude oil than any nation, at any time.

World’s Biggest Offshore Wind Farm Starts Producing Power  

The world’s largest offshore wind farm, the Dogger Bank Wind Farm in UK waters, has achieved first power and started sending electricity to the UK national grid, the developers of the project said on Tuesday, hailing the major milestone at the offshore wind farm whose construction continues.

Dogger Bank Wind Farm, with a total capacity of 3.6 gigawatts (GW), is being constructed in UK waters 130 kilometers (81 miles) off the coast of Yorkshire and in three 1.2 GW phases known as Dogger Bank A, B, and C.

The project developers are UK’s SSE Renewables in a joint venture with Norway’s energy major Equinor and Vårgrønn, a joint venture of Eni Plenitude and HitecVision.

“A renewable mega-project like Dogger Bank constitutes an industrial wind hub in the heart of the North Sea, playing a major role in the UK’s ambitions for offshore wind and supporting its net zero ambitions,” Equinor’s chief executive Anders Opedal said.

UK Prime Minister Rishi Sunak said, “Offshore wind is critical to generating renewable, efficient energy that can power British homes from British seas.”

While the UK and the developers hailed the power milestone at the world’s biggest offshore wind farm, the current regulatory and business landscape for offshore wind faces headwinds in the UK and globally.

Last month’s UK renewables tender was a flop for the offshore wind industry—not a single offshore wind bid featured in the auction despite the fact that a record number of renewable energy capacity projects were awarded government funding.  

In July, a large UK project was canceled due to surging costs and challenging market conditions pressuring new developments. Vattenfall will not proceed with the development of the 1.4-GW Norfolk Boreas offshore wind project as the industry has seen cost increases by up to 40%, the company said.

ADVERTISEMENT

Meanwhile, developers in the U.S. are seeking looser requirements for tax credits to make projects economically feasible.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Mamdouh Salameh on October 10 2023 said:
    This is a great achievement by the UK enhancing its electricity generation from wind and renewables.

    And this achievement fits magnificently with what I have been outlining as a pragmatic global energy strategy. It simply means fossil fuels and renewables will have to coexist and work together to secure global energy needs. When the share of renewables in electricity generation rises, the need for natural gas, coal and nuclear power gets less.

    This is a far more sensible and positive approach than the irrational calls by the IEA to halt oil and investment to achieve net-zero emissions by 2050 which, in my opinion, will never ever be achieved.

    Dr Mamdouh G Salameh
    International Oil Economist
    Global Energy Expert

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News