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

Environmental

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Years After BP U.S.Oil Spill: Compensation Battle Rages

Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.

When Will Deep Sea Mining Commence? The Robot is Ready

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | 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: 0.1132 sec (9 req/sec)