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London Array receives partner approval
 Partners in Britain's biggest offshore wind farm which is due to be completed in time for the Olympic Games in 2012 have given a green light to go ahead with the first phase after a final investment decision.
DONG Energy, E.ON and Middle East based Masdar says they have now decided to proceed with the 630 Megawatt first phase of the DKK 16.4 Bn (US 3 Bn) development involving 175 turbines in the Thames estuary. Ultimately London Array is designed to generate up to 1 Gigawatt of renewable energy.
“Today's announcement comes after the UK Government's recent proposal to increase its support for offshore wind power. The partners are satisfied that the project is now financially viable and are now keen to push ahead with construction and to produce the first renewable power in 2012,” the three companies said today in a joint statement.
DONG Energy's chief executive Anders Eldrup said the decision comes after the UK government agreed to double the renewable obligation certificates (ROCs), which underpins the amount of energy electricity suppliers have to obtain from renewable resources.
Government plans outlined in the UK Budget earlier last month indicated the number of ROCs will be doubled to two ROCs for every Megawatt hour of electricity generated by offshore wind farms, effectively guaranteeing a market for the energy produced from the London Array.
“Following the 2 ROC announcement, and our subsequent decision to build the Walney projects, I'm thrilled that we today also have the final investment decision on the London Array project,” Eldrup stated. “The decision to build the London Array offshore wind farm is a very significant cornerstone in DONG Energy's strategy to increase the proportion of electricity generated from renewable energy sources.”
Work for onshore elements of the project is due to kick off this summer, and offshore operations start in summer 2011, with the first phase of 175 turbines being installed 19 km (12 miles) offshore in the Thames Estuary between the Kent and Essex coastlines covering a huge 230 sq. km (90 sq. mile) site.
A second phase will see more turbines installed, taking generating capacity up to 1 Gw.
Theoretically the project will generate enough wind power for up to 750,000 households, displacing round 1.9 m tonnes of CO2 emissions annually.Advertisement
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Shell to pay out over Nigeria caseOil giant Royal Dutch Shell PLC is to pay out £9.7m ($15.5m) to settle a lawsuit over its alleged complicity in the 1995 execution of several Nigerian environmental activists, the UK Press Association and British media reported.
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