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Tuesday, November 19, 2024

RWE Secures 4.2-Gigawatt UK Offshore Wind Growth Portfolio from Vattenfall


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RWE is about to amass the Norfolk Offshore Wind Zone portfolio from Vattenfall, that includes three tasks off England’s east coast—Norfolk Vanguard West, Norfolk Vanguard East, and Norfolk Boreas, every with a deliberate 1.4 GW capability. Positioned in a chief offshore wind space, these tasks, after 13 years of growth, have secured key permits, seabed rights, and grid connections.

Norfolk Vanguard West and East, essentially the most superior, intention to safe a Contract for Distinction (CfD) in upcoming public sale rounds. RWE will revive the Norfolk Boreas challenge, and all three are slated for commissioning inside this decade.

Sven Utermöhlen, CEO of RWE Offshore Wind, mentioned, “With the acquisition of the Norfolk Offshore Wind Zone portfolio, we’re taking on three well-advanced offshore wind tasks from Vattenfall. I’m very comfortable that we’ll work with Vattenfall in the direction of facilitating crew continuity to make sure the profitable handover and additional growth of the tasks. Equally I’m wanting ahead to persevering with the work with the availability chain corporations. We are going to ship these as a part of our Rising Inexperienced funding and development programme.“

Tom Glover, RWE’s UK Nation Chair, added, “The UK has been considered one of our most vital core markets for many years. We’re delighted that we are able to now additional contribute to reaching the UK’s bold build-out targets for offshore wind. The well timed and environment friendly deployment of offshore wind is crucial to make sure the UK’s home power safety, in addition to reaching our internet zero targets. We very a lot welcome the UK authorities’s current choices on future offshore wind auctions which gives us with the boldness to take a position and represents a optimistic step in maximising the UK’s clear power potential, guaranteeing sustained and lowest costs for customers and creating good high quality jobs.”

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