UK: The world’s hugest offshore wind farm to be built by Dong Energy

12/09/2017 15:34 Wind

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The UK contract to build 1.4 gigawatts (GW) capacity at its Hornsea 2 wind power project, likely to be the world’s hugest offshore wind farm, has been awarded to DONG Energy.

According to the Danish wind firm, the guaranteed price to deliver power, established under the Contracts of Difference (CfD) scheme, is 57.50 pounds/MWh, or 50 % lower than the allocations at auction two years ago.

 

The replacement of direct subsidies for renewable power with a contracts-for-difference (CfD) system was part of the reforms to Britain’s electricity market.


According to the scheme, a minimum price is guaranteed for the eligible projects, at which these can sell electricity, and renewable electricity producers bid for CfD contracts in a round of auctions.

 

The Hornsea Project Two will have enough power to supply 1.3 million homes with electricity.

Premier Oil: A stake in North Sea gas field for sale

15/09/2017 16:51:00

The Premier Oil company intends to find a buyer for a half of its stake in the Babbage gas field, in the North Sea, pursuing the idea of reducing the debts accumulated at the time when the crisis hit the oil market.

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Scottish scientists obtained hydrogen from tidal energy for the first time

15/09/2017 14:01:00

A Scottish research and demonstration centre declared being the first in producing the hydrogen gas from the tidal energy.

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First sections of a power cable between UK and Belgium installed

15/09/2017 13:51:00

The first segments of an electricity cable have been already installed on the sea depth this week to link the UK and Belgium.

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