1st Oct 2019 13:09
(Alliance News) - General Electric Co said Tuesday that Dogger Bank wind farm, off the coast of Yorkshire, north east England, will use GE Renewable Energy as its turbine supplier.
GE said Dogger Bank, about 125 to 290 kilometres off the east coast of Yorkshire, in the North Sea is expected to become the world's largest offshore wind farm.
Under the deal, GE's Renewable Energy unit will supply Dogger Bank with its Haliade-X turbine. This, GE said, will bring "the world's most powerful wind turbine to the world's largest wind farm".
The final number of turbines to be installed at Dogger Bank will be confirmed in "due course", GE said.
Dogger Bank is a 50-50 joint venture between Norwegian energy firm Equinor ASA and London-listed SSE PLC subsidiary SSE Renewables.
SSE Renewables will lead the development and construction phases of Dogger Bank and Equinor will lead on operations once completed.
The overall wind farm comprises three 1.2 gigawatt projects located in the North Sea, giving a combined capacity of 3.6 gigawatts - making it the largest wind farm in the world. The projects were recently successful in the latest allocation round, the UK government's auction for renewable power, GE noted.
It will be able to provide enough clean, low-carbon energy to power over 4.5 million homes annually, equivalent to around 5% of the UK's estimated electricity generation, GE said.
GE added: "The projects are expected to trigger approximately GBP9 billion of capital investment between 2020 and 2026 into much needed low carbon infrastructure and delivering substantial economic benefits to the UK."
"We are very excited to announce this agreement as it gives us the opportunity to bring the world's most powerful offshore wind turbine to the world's largest offshore wind market. We have an important role to play in the UK's offshore wind ambitions and in delivering further carbon emission reductions. Our Haliade-X technology is helping our customers to make offshore wind a more competitive source of clean and renewable energy by reducing the levelized cost of energy," said GE Offshore Wind President & Chief Executive John Lavelle.
The project will undergo a final investment decision at the end of 2020, when GE is expected to be confirmed as the turbine supplier.
Onshore construction is expected to begin in early 2020, with first energy generation in 2023.
Shares in GE closed 1.1% lower in New York on Monday at USD8.94. In pre-market trading, the shares lost a further 0.3% to trade at USD8.94.
SSE shares were trading flat in London at 1,246.00 pence on Tuesday.
By Paul McGowan; [email protected]
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