Dogger Bank wind farms to move to financing stage
Once completed, the four wind farms to be located in the Dogger Bank will be the largest win project in the world, with a combined capacity of 4.8GW.
The ownership for the projects has been agreed, with innogy, SSE, and Statoil signing for the farms, allowing them to now move on to the finance stage and then construction.
The sandbank is located between the UK and Denmark, sitting between 125km and 290km from the coast of East Yorkshire.
The projects consist of Dogger Bank Creyke Beck A, Dogger Bank Creyke Beck B – the largest farm –, Dogger Bank Teesside A, and Dogger Bank Teesside B.
SSE and Statoil agreed to own 50% of Creyke A, Creyke B, and Teeside B, whilst innogy owns the entirety of Teesside B.
Each farm will separately generate 1.2GW or 4tWh of annual clean energy, which together will cover approximately 5% of the UK’s estimated power demand.
The size of the turbines is yet to be decided, most likely varying between blocks. There will be up to 200 turbines.
“The ability to progress the project within the required timescales will very much depend upon when the next CfD auction takes place. For many reasons, it is important that government make these dates available as soon as possible,” commented an innogy spokesperson.
“Any timescales for the project, which we plan to rename at some point, will therefore depend on any future CfD. However, we would hope to be in a position where we are able to have a Financial Investment Decision secured by 2020 with a view to commencing construction in 2022.”
Trafigura and Yara International explore clean ammonia usage
Reducing shipping emissions is a vital component of the fight against global climate change, yet Greenhouse Gas emissions from the global maritime sector are increasing - and at odds with the IMO's strategy to cut absolute emissions by at least 50% by 2050.
How more than 70,000 ships can decrease their reliance on carbon-based sources is one of transport's most pressing decarbonisation challenges.
Yara and Trafigura intend to collaborate on initiatives that will establish themselves in the clean ammonia value chain. Under the MoU announced today, Trafigura and Yara intend to work together in the following areas:
- The supply of clean ammonia by Yara to Trafigura Group companies
- Exploration of joint R&D initiatives for clean ammonia application as a marine fuel
- Development of new clean ammonia assets including marine fuel infrastructure and market opportunities
Magnus Krogh Ankarstrand, President of Yara Clean Ammonia, said the agreement is a good example of cross-industry collaboration to develop and promote zero-emission fuel in the form of clean ammonia for the shipping industry. "Building clean ammonia value chains is critical to facilitate the transition to zero emission fuels by enabling the hydrogen economy – not least within trade and distribution where both Yara and Trafigura have leading capabilities. Demand and supply of clean ammonia need to be developed in tandem," he said.
There is a growing consensus that hydrogen-based fuels will ultimately be the shipping fuels of the future, but clear and comprehensive regulation is essential, according to Jose Maria Larocca, Executive Director and Co-Head of Oil Trading for Trafigura.
Ammonia has a number of properties that require "further investigation," according to Wartsila. "It ignites and burns poorly compared to other fuels and is toxic and corrosive, making safe handling and storage important. Burning ammonia could also lead to higher NOx emissions unless controlled either by aftertreatment or by optimising the combustion process," it notes.
Trafigura has co-sponsored the R&D of MAN Energy Solutions’ ammonia-fuelled engine for maritime vessels, has performed in-depth studies of transport fuels with reduced greenhouse gas emissions, and has published a white paper on the need for a global carbon levy for shipping fuels to be introduced by International Maritime Organization.
Oslo-based Yara produces roughly 8.5 million tonnes of ammonia annually and employs a fleet of 11 ammonia carriers, including 5 fully owned ships, and owns 18 marine ammonia terminals with 580 kt of storage capacity – enabling it to produce and deliver ammonia across the globe.
It recently established a new clean ammonia unit to capture growth opportunities in emission-free fuel for shipping and power, carbon-free fertilizer and ammonia for industrial applications.