Moray Offshore Renewable Power

Moray East Selects NKT As Preferred Bidder for 950MW Offshore Windfarm Export Cable

Moray East Selects NKT As Preferred Bidder

for 950MW Offshore Windfarm Export Cable

 

 

Edinburgh, 13 November 2017

Moray Offshore Windfarm (East) Ltd (known as ‘Moray East’) is pleased to announce that NKT has signed a Preferred Bidder Agreement (PBA) for the delivery and installation of the export cables for the Moray East offshore windfarm.

 

The project scope includes the manufacture of approx. 185 km of 220 kV AC offshore export cables and their installation by the NKT Victoria cable-laying vessel and burial. Installation of the cables is expected to commence in 2020.

 

Moray Offshore Windfarm East is a joint venture company owned by EDP Renewables (77pc) and ENGIE (23pc).  The project was recently awarded a £57.50/MWhr contract for Difference (CfD) by the UK Government.

 

 

Oscar Diaz, Project Director of Moray East said:

The selection of NKT for the supply and installation of this vital link between the offshore windfarm and the shore is a vital part of the work needed to deliver this project, which is capable of delivering power at less than half the price of projects under construction today. 

 

 

NKT President and CEO Michael Hedegaard Lyng said:

With the selection of NKT for the Moray East wind farm, our leading position in the offshore wind segment is confirmed. It also underlines that our technologically advanced turnkey solutions, our expertise and project management setup are recognized not only by existing customers but also by new co-operation partners, such as Moray East. 

 

 

 

 

NOTES TO EDITORS:

 

  1. About Moray East

Moray Offshore Windfarm (East) Ltd (known as ‘Moray East’) is a joint venture company owned by EDPR (77pc) and ENGIE (23pc).

 

Project Timeline:

2010 – project development commenced when development rights were won in the UK’s 3rd round of offshore wind licencing. The Moray Firth Zone (Zone 1) was split into two, to enable Moray East to be developed ahead of Moray West, as there were constraints in the west of the zone.  (Constraints in the west eased, and development of Moray West commenced in 2016).

2014 – planning consent was awarded by the Scottish Government (offshore works) and Aberdeenshire Council (onshore works)

2017 – A 950MW Contract for Difference (CfD) was won in the UK Government’s 2nd competitive CfD auction.  The CfD provides a contract for electricity for 15 years at £57.50/MWhr – the lowest price for renewable energy delivered through the auction process.

 

Project Statistics

  • Capacity: 950MW
  • Location: UK, 22km from North East coast
  • Turbines: V164 – 9.5MW
  • Power for average requirements of ca. 950, 000 UK homes

 

 

  1. About EDP Renewables (EDPR)

EDP Renewables (Euronext: EDPR) is a global leader in the renewable energy sector and the world’s fourth-largest wind energy producer. With a sound development pipeline, first class assets and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 12 markets (Belgium, Brazil, Canada, France, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK and the US). Energias de Portugal, S.A. (“EDP”), the principal shareholder of EDPR, is a global energy company and a leader in value creation, innovation and sustainability. EDP has been a Dow Jones Sustainability Index for ten consecutive years.  For further information, visit www.edpr.com.

 

  1. About ENGIE

ENGIE is committed to taking on the major challenges of the energy revolution, towards a world more decarbonized, decentralized and digitalized. The Group aims to become the leader of this new energy world by focusing on three key activities for the future: low carbon generation, in particular from natural gas and renewable energy, energy infrastructure and efficient solutions adapted to all its customers (individuals, businesses, territories, etc.). Innovation, digital solutions and customer satisfaction are the guiding principles of ENGIE’s development.

ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

In the UK, ENGIE is a leading energy and services Group employing 17,000 people across three main areas: generation and supply of energy, management of facilities and regeneration of places and communities.  For further information, visit www.engie.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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