Saturday 26 December 2009

Mega offshore wind farm deals delayed until January

The Crown Estate has confirmed that an annoucement of the consortiums that will get to develop 25GW of offishore wind in Round 3 of its licencing regime will now not be made until January.


Signing of contracts is understood to be underway, but the sheer scale of the contracts is believed to have prevented an announcement being made in December as planned.
The Crown Estate is meet with the Department of Energy and Climate Change (DECC), the Carbon trust and the British Wind Energy Association (BWEA) in early Jnauary to agree the announcement.
The Crown Estate, which owns shores a distance of 22.2km off the UK coast, is set to create one of the biggest infrastructure projects for wind energy in the world.
In total, it will allow generators to deliver 25GW of electricity from wind farms off the British coast. These are planned for nine zones around the territorial waters and the Continental Shelf.


The licensing award is expected to generate 57,000 jobs by 2020 with the potential market investment for R3 estimated at £100bn.
Once negotiations are concluded, zone development agreements (ZDAs) will be signed and a development partner in each zone announced.
Once this happens, the Crown Estate says it will work with regional development partnerships to stimulate local construction industries, signalling jobs for potential contractors.

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