INDUSTRY LEAD ARTICLE
Europe’s Largest
Contract for Offshore Wind Turbines
ScottishPower Renewables and Siemens have the final hurdle cleared for East Anglia ONE windfarm – the agreement is believed to be Europe’s largest wind turbine contract for a single project.
The company has concluded a major deal with Siemens, which will see 102 wind turbines supplied for the East Anglia ONE offshore windfarm. The contract, including a 5-year service agreement, will be worth up to one-third of the overall £2.5 billion project investment.
CONTRACT FOR DIFFERENCE MILESTONES
The agreement comes on the same day that the Low Carbon Contracts Company confirmed that the Contract for Difference (CFD) milestones have been fulfilled, ensuring that East Anglia ONE will be the best value offshore windfarm to go in to construction anywhere in the world.
TURBINE PROJECT DETAIL East Anglia ONE will utilise 102 turbines, each with a capacity of 7-megawatt (MW), which in total will power more than 500,000 homes every year. With the CFD milestones achieved and confirmed by the Low Carbon Contracts Company, the project will be delivered at a price of £119/MWh, a cost reduction of 20% compared to other offshore windfarms that have been built in the UK.
SIEMENS HULL FACTORY The 75 metre long turbine blades are planned to be fabricated in Siemens’ new factory in Hull, and £5 million is set to be invested in Great Yarmouth Harbour, which will act as the pre-assembly port for the installation of the turbines.
The turbine agreement is the largest individual contract placed as part of the £2.5 billion project, and will help to support many of the 3,000 jobs that the project aims to create during construction.
GLOBAL EFFORT
Ignacio Galán, Iberdrola and ScottishPower Chairman, said: “Offshore wind power is a vital component in global efforts to help to deliver the binding agreement achieved by more than 170 countries at the COP21 meeting in Paris and signed recently in New York. As a worldwide leader in renewable energy, we have always focused on clean technologies that are competitive enough to deliver real energy solutions. Offshore wind works.
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www.windenergynetwork.co.uk
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