Dec 7, 2020

Eni enters UK offshore wind market

Wind
Renewables
UK
Dominic Ellis
2 min
Deal with Equinor and SSE will see 190 turbines installed in Dogger Bank, providing up to 5 per cent of UK's renewable electricity demand
Deal with Equinor and SSE will see 190 turbines installed in Dogger Bank, providing up to 5 per cent of UK's renewable electricity demand...

Italian energy group Eni has entered the UK offshore wind market for electricity production through buying a 20 percent stake in the Dogger Bank (A and B) project from Norway's Equinor and utility group SSE, which will continue to hold a 40 per cent stake each.

The project involves the installation of 190 modern turbines approximately 80 miles from the British coast. Each one will have a capacity of 13MW for a total capacity of 2.4GW. At full capacity, Dogger Bank (3.6 GW) will be the world’s largest project of its kind, generating around 5 percent of UK demand for renewable electricity and supplying energy to approximately six million British families.

The construction of the Dogger Bank (A and B) is expected to cost a total of £6 billion and will take place in two stages, with the first to be completed by 2023, and the second by 2024.

Eni has been advised on this transaction by RBC Europe limited, acting as exclusive financial advisor, and Bracewell (UK) LLP as legal advisor. Reports cited the deal was worth £405 million.

Claudio Descalzi, CEO of Eni, said: “For Eni, entering the offshore wind market in Northern Europe is a great opportunity to gain further skills in the sector thanks to the collaboration with two of the industry’s leading companies, and to make a substantial contribution to the 2025 target of 5GW of installed capacity from renewables, an intermediate step towards the more ambitious target of zero net direct and indirect greenhouse gas emissions in Europe by 2050."

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Jun 14, 2021

W3 Energy signs technical operations contract with Luxcara

Wind
Energy
Renewables
Europe
Dominic Ellis
3 min
W3 Energy and Luxcara sign technical operations contract ahead of Global Wind Day tomorrow and new study showing Poland leading Europe's growth

W3 Energy has signed a contract with Luxcara for onsite technical operations management for the Önusberget wind farm, which is Europe's largest single onshore wind farm. 

The wind farm, located outside of Piteå in northern Sweden, plans to have 137 wind turbines on full installation, with an expected capacity of more than 750 MW.

W3 Energy will be responsible for onsite technical operations management and local accounting services as well as operation and maintenance of the electrical infrastructure and transformer stations.

"This contract strengthens our position as a key player in onsite technical operations management. The Önusberget wind farm is the largest single-site wind power project in Europe and we are proud that Luxcara gives us the trust to support with the operational management of their investment", says W3 Energy's COO André Sjöström.

"The contract with Luxcara is extremely important to us and means that we take a firm grip on our home region. This contract allows us to continue to grow and we plan to continue to recruit in Piteå, Umeå, and Skellefteå."

The new contract with Luxcara means that W3 Energy manages approximately 15% of the renewable energy produced in Sweden and lays the foundation for continuing to build growth in other regions.

"Luxcara is an internationally respected asset manager in renewable energy, with high-quality investment criteria and a strong focus on diversity and sustainability. We share their view on sustainability, with a strong focus on environmental as well as social and ethical aspects", stated W3 Energy's CEO Pär Dunder.

Its past engagement with W3 combined with their track record from other large projects and their local experience were decisive factors for choosing W3 Energy, according to Philip Sander, Managing Director of Luxcara.

Global Wind Day will be held tomorrow (June 15), to promote wind's potential to reshape our energy systems, decarbonise economies and boost jobs and economic growth.

Onshore wind is now the cheapest form of new power generation in most of Europe, and offshore wind is not far behind with costs having fallen over 60% in three years, according to WindEurope.

Adrian Timbus, ETIPWind Chairman, said: “Wind energy can help electrify 75% of Europe’s energy demand and thereby deliver climate neutrality by 2050. But we must prioritise the development of the necessary technologies: next generation onshore and offshore turbines, electrification solutions for transport and for industry, and electrolysers for renewable hydrogen.”


Poland leads Europe's wind growth

Poland saw Europe's biggest increase in wind turbine energy production between 2000 and 2018, according to a Save on Energy study, and produced the fourteenth highest percentage of electricity by wind power overall in 2018. 

Czechia has seen second highest percentage increase in electricity production generated by wind power. Despite having the second lowest proportion of electricity generated by wind power in 2018, the country previously produced the lowest percentage overall in 2000, so it has still seen a significant increase in wind turbine energy production over the years.

France has the third largest increase in wind turbine energy production throughout the period studied, with electricity production generated by wind power increasing from 0.009% in 2000, to 4.9% in 2018, while neighbouring Belgium experienced the fourth highest increase in wind energy production, with almost 10% of electricity produced being generated by wind power in 2018, compared to 0.02% in 2000.

Although Ukraine boasted the lowest percentage of electricity produced by wind turbines in 2018 (0.7%), the country had the fifth largest percentage increase since 2000, since only 0.003% of electricity production was generated by wind turbines.

By comparison, Denmark, Luxembourg and Spain each ranked as having the lowest percentage increases when it came to the percentage of electricity production generated by wind turbines between 2000 and 2018, and they lag considerably behind other European nations.

The EU wants wind to account for 50% of the continent's electricity by 2050. The Romanian Wind Energy Association recently launched a Code of Good Practice for renewable energy.

Top 10 countries in Europe for wind growth

1. Poland
2. Czechia
3. France
4. Belgium
5. Ukraine
6. Turkey
7. Norway
8. Austria
9. UK
10. Finland 

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