Statoil and Statkraft team up for UK offshore wind venture

24 October 2012


Norwegian energy companies Statoil and Statkraft have announced plans to jointly develop a second offshore wind farm in the UK.

The two companies have acquired the Dudgeon offshore wind farm project, which is located in the North Sea and could have a capacity of up to 560 MW.

Statoil and Statkraft recently held a formal opening ceremony for the 317 MW Sheringham Shoal offshore wind farm, located 20 km off the north Norfolk coast and 20 km from the proposed Dudgeon development area.

Dudgeon recently received an offshore consent and Statoil and Statkraft will secure the final consents and bring the project to the final investment decision (FID) stage. The two companies purchased the project from UK energy company Warwick Energy Limited.

“The acquisition is in line with Statoil’s strategy to have a stepwise growth and to seek new business opportunities in offshore wind as part of the development of our renewable energy portfolio. Both Statoil and Statkraft believe this project could further strengthen their positions in the north Norfolk region, benefiting from the positive and constructive dialogue already established with UK authorities, local communities and suppliers,” said Statoil Senior Vice President, Renewable Energy, Siri E. Kindem.

He added: “Warwick Energy has successfully progressed the technical and commercial basis for an offshore wind farm at Dudgeon and brought the opportunity close to a fully consented project. Statoil and Statkraft will now take this work forward.”

The licence for the Dudgeon site was awarded by the UK government during the Round 2 allocation in 2003. It was chosen because it lies within a government approved area for development, with high wind speeds, favorable water depths, and subsequent surveys have shown that it has relatively low levels of fishing and shipping activity.

Statoil and Statkraft, together with RWE and SSE, are also partners in the Forewind consortium. The aim of the consortium is to achieve consent for the Dogger Bank project 120 km off the UK east coast, potentially the world’s largest offshore wind development.




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