StatoilHydro, Statkraft Develop Offshore Wind

Thursday, April 02, 2009

A new wind farm, to be developed by StatoilHydro and Statkraft, which will consist of 88 turbines, is planned to start production in 2011. When fully operational, its annual electricity production is expected to be around 1.1TWh, enough energy to power around 220,000 UK homes. Total investments are estimated at approximately $1.5b.

Until now, the 315 MW Sheringham Shoal project has been owned 100% by StatoilHydro. Through an agreement, Statkraft will acquire 50% of the shares in the project, thus becoming an equal partner with StatoilHydro.

Sheringham Shoal is ready for construction and will be developed according to schedule, with StatoilHydro as the operator during the construction phase. The Sheringham Shoal Offshore Wind Farm will be the most important wind farm project in both StatoilHydro’s and Statkraft’s wind energy portfolios. The partnership and the decision to develop the project are a significant milestone in both companies’ ambitions in the field of offshore wind.

“Europe is facing massive growth in renewable capacity by 2020, and 50% of the growth is expected to come in wind power. Statkraft is already Europe’s largest generator of renewable energy, and it has extensive experience of onshore wind power. The partnership with StatoilHydro will take us into the offshore wind industry as well – which is in line with our core growth strategy and within the investment plans already communicated to the market,” said chief executive Bård Mikkelsen of Statkraft.

Sheringham Shoal, between 17 km and 23 km off the coast of the town of Sheringham in northern Norfolk, will cover an area of 35 square kilometres. Construction will begin in early summer 2009, and a gradual start-up of production is scheduled for 2011. The Sheringham Shoal Offshore Wind Farm has received all the approvals needed for construction and operation.

StatoilHydro and Statkraft are also collaborating with SSE/Airtricity and RWE/Npower on the joint venture Forewind, bidding for the third licensing round in the UK.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

‘Green’ Hybrid-powered Research Vessel Christened

The Maritime Aquarium at Norwalk christened a larger, “greener” new research vessel on Friday, September 26 in preparation for launching a new era in examining,

Cove Point LNG Export Facility Gets US FERC Approval

U.S. federal regulators on Monday approved construction of Dominion Resources Inc's liquefied natural gas export project in Cove Point, Maryland. Cove Point is the fourth U.

Shipping's GHG Emissions Down

The total Green House Gas (GHG) emissions from global maritime transport are estimated to have been over 20% lower in 2012 than in 2007, according to "London Matters

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1139 sec (9 req/sec)