Moray East windfarm set to go ahead after successful bid – Herald

A MAJOR offshore wind farm off the Moray coast will go ahead at record low
prices after securing subsidies in the latest Government auction.

The three successful offshore wind projects in the auction include the
Moray East Wind Farm off the north east coast of Scotland.

The venture by EDPR and Engie, would bring major economic opportunities to
the supply chain, low cost electricity and “exceptional benefits” to
consumers, said Dan Finch, man- aging director of Moray Offshore Renewables.

Joao Manso Neto, chief executive of EDPR, said: “This auction has
demonstrated the real progress in cost reduction and our result shows how
affordable offshore wind can be compared to other technologies, including
new thermal generation.”

He said the UK needed more low carbon generation to maintain security of
supplies, adding it was in the country’s interests to support the
achievement seen at Moray at other sites.

Wilfrid Petrie, chief executive for Engie in the UK & Ireland, added Moray
East would make a significant contribution to helping the UK meet its goals
to cut carbon, as well as supporting the firm’s aim for 25 per cent of its
global energy portfolio to be renewable by 2020.

It will have enough capacity to power 1.3 million homes.

Also securing contracts in the latest auction for low-carbon subsidies are
the Dong Energy’s Hornsea Project Two, 55 miles off the Yorkshire coast.

At 1,386 megawatts (MW), it will overtake the giant 1,200MW Hornsea Project
One currently being constructed by Dong Energy to become the world’s
biggest offshore wind farm, the company said.

The other is the 860MW Triton Knoll Offshore Wind Farm, 20 miles off the
coast of Lincolnshire and 28 miles from Norfolk.

The Moray East Offshore Wind Farm, a venture by EDPR and Engie, would bring
major economic opportunities to the supply chain, low cost electricity and
“exceptional benefits” to consumers, Dan Finch, managing director of Moray
Offshore Renewables, said.

Joao Manso Neto, chief executive of EDPR, said: “This auction has
demonstrated the real progress in cost reduction and our result shows how
affordable offshore wind can be compared to other technologies, including
new thermal generation.”

He said the UK needed more low carbon generation to maintain security of
supplies, adding it was in the country’s interests to support the
achievement seen at Moray at other sites.

Wilfrid Petrie, chief executive for Engie in the UK & Ireland, added that
Moray East would make a significant contribution to helping the UK meet its
goals to cut carbon, as well as supporting the firm’s aim for 25% of its
global energy portfolio to be renewable by 2020.

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