Very soon, the UK will be home to the world’s largest wind farm. The UK Department for Business, Energy and Industrial Strategy (BEIS) announced that DONG Energy is building a 1,386 megawatt wind farm called Hornsea Project Two. Once completed, the massive project will provide enough energy to power 1.3 million homes.
Thanks to record low prices, offshore wind is now cheaper than gas and nuclear energy. This resulted in a UK-low strike price of £57.50 per MWh, making wind an attractive investment. The Hornsea Project Two will be located 89 kilometers off the Yorkshire coast and slightly north of Hornsea Project One, a 1,200 MW offshore wind farm in the North Sea off the coast of England. The equivalent of 1.3 million UK homes are expected to receive power from the Hornsea Project Two, and up to 2,000 jobs during construction and 130 jobs during the 25-year operation life of the project will be created.
“We’re delighted to be awarded a Contract for Difference for Hornsea Project Two, which is another important step towards fulfilling our vision of making offshore wind the most competitive form of electricity generation,” Said Samuel Leupold, the Executive Vice President and CEO of Wind Power at DONG Energy. “We have always promoted size as a key driver for cost. The ideal size of an offshore wind farm is 800-1,500MW, and therefore it is natural that Hornsea Project Two will deliver record-low costs to society. At the same time, the low strike price demonstrates the cost saving potential of developer-built offshore grid connections, which in the UK is included in the project scope.”
DONG Energy UK’s Managing Director, Matthew Wright, added, “This is a breakthrough moment for offshore wind in the UK and a massive step forward for the industry. Not only will Hornsea Project Two provide low cost, clean energy to the UK, it will also deliver high-quality jobs and another huge boost to the UK supply chain.”
The Hornsea Project One will begin operation in 2020, and Project Two in 2022. According to UK Minister for Energy and Industry, Richard Harrington, the UK’s latest investment is evidence that the country has “placed clean growth at the heart of the Industrial Strategy to unlock opportunities across the country while cutting carbon emissions. He said, “The offshore wind sector alone will invest £17.5bn in the UK up to 2021 and thousands of new jobs in British businesses will be created by the projects announced today. This government will continue to seize these opportunities as the world moves towards a low carbon future, and will set out ambitious proposals in the upcoming Clean Growth Plan.”
Via Clean Technica