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    Home > Chemicals Industry > International Chemical > The UK wants to work with the EU on a €15 billion North Sea wind hub

    The UK wants to work with the EU on a €15 billion North Sea wind hub

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Regardless of the outcome of the Brexit negotiations, the UK should continue to work
    with the rest of Europe on infrastructure projects, including a huge wind farm in the North Sea.

    According to Scottish cable company SSE, good relations with Europe are crucial
    to developing the £15bn ($21 billion) Dogger Bank project.

    The Dogger Bank project, a UK offshore wind hub project located 80 miles (129 km) northeast of England, will house up to 800 turbines to generate electricity
    for the UK, Germany, Denmark, the Netherlands and Norway.

    Alastair Phillips-Davies, chief executive of SSE, said: "The UK and EU should continue to work together to deliver large-scale energy projects for mutual benefit
    .
    Especially in the North Sea, the UK has not yet achieved renewable energy and should be fully utilized
    .

    Political negotiations are currently tense as Europe presses for the UK to agree on the terms of the transition period to
    be implemented after Brexit in March 2019.
    The energy sector is keen to ensure the market continues to stay connected to Europe via electricity cables and gas pipelines, and the UK remains committed to climate change targets
    .

    Alastair Phillips-Davies said: "The issues are complex, but the sooner the future UK-EU negotiators on energy can agree on a way forward, the better
    the effort to drive the next phase of the decarbonised economy.

    SSE has formed a joint venture with Statoil, the Norwegian national oil company, to develop three wind power projects in the Dogger Bank area of the North Sea, potentially including the installation of 600 turbines with a total capacity of 3.
    6 GW
    .
    Innogy SE may build a fourth project on the site, which may interconnect
    the grid with nearby European countries.

    According to Bloomberg New Energy Finance's estimates, SSE's project could cost £11 billion
    .
    BNEF analysts believe that the final investment will depend on future subsidies
    .

    Regardless of the outcome of the Brexit negotiations, the UK should continue to work
    with the rest of Europe on infrastructure projects, including a huge wind farm in the North Sea.

    Wind power

    According to Scottish cable company SSE, good relations with Europe are crucial
    to developing the £15bn ($21 billion) Dogger Bank project.

    The Dogger Bank project, a UK offshore wind hub project located 80 miles (129 km) northeast of England, will house up to 800 turbines to generate electricity
    for the UK, Germany, Denmark, the Netherlands and Norway.

    Alastair Phillips-Davies, chief executive of SSE, said: "The UK and EU should continue to work together to deliver large-scale energy projects for mutual benefit
    .
    Especially in the North Sea, the UK has not yet achieved renewable energy and should be fully utilized
    .

    Political negotiations are currently tense as Europe presses for the UK to agree on the terms of the transition period to
    be implemented after Brexit in March 2019.
    The energy sector is keen to ensure the market continues to stay connected to Europe via electricity cables and gas pipelines, and the UK remains committed to climate change targets
    .

    Alastair Phillips-Davies said: "The issues are complex, but the sooner the future UK-EU negotiators on energy can agree on a way forward, the better
    the effort to drive the next phase of the decarbonised economy.

    SSE has formed a joint venture with Statoil, the Norwegian national oil company, to develop three wind power projects in the Dogger Bank area of the North Sea, potentially including the installation of 600 turbines with a total capacity of 3.
    6 GW
    .
    Innogy SE may build a fourth project on the site, which may interconnect
    the grid with nearby European countries.

    According to Bloomberg New Energy Finance's estimates, SSE's project could cost £11 billion
    .
    BNEF analysts believe that the final investment will depend on future subsidies
    .

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