The UK will not meet its offshore wind targets without urgent action from Whitehall and Holyrood administrations, SSE Renewables has warned. Director of capital projects Paul Cooley says business as usual from government is “not an option” if it wants to reach 40GW by 2030. The firm, which alongside Equinor is constructing the 3.6GW Dogger Bank project and has a 7GW offshore pipeline, has mapped out an action plan. SSE said market reform is required given the risk that negative power prices pose to investors. It urged government to start designing a new framework via the White Paper expected this year. It said CfD rounds are required every year, instead of every two years, avoiding costs associated with rushes and bottlenecks. Lowering barriers to planning consent are also high on the developer’s list. EU regulations on wildlife conservation add complexity to securing consent for offshore locations, argues SSE. Clearer derogation from Brussels’ Habitat Directive, plus initiatives in strategic planning from the UK and Scottish governments can restore simplicity, while guaranteeing effective protection of species, the plan suggests. Meanwhile, an offshore grid will be required, rather than piecemeal connections. Anticipatory grid investment will be needed, per the plan.
Energyst 15th April 2020 read more »
Spanish utility group Iberdrola wants to be the biggest player in the U.S. offshore wind market, but it will need to go through early market front-runner Ørsted to get there. Iberdrola, among the world’s largest wind power generators, plans to steamroll its way through the coronavirus crisis, with CEO Ignacio Galán announcing plans this month to increase investment in renewables projects and continue adding jobs as soon as the public health crisis is over. Up to a quarter of the €10 billion ($11 billion) the company plans to invest this year will go toward offshore wind. Iberdrola has long been a major player in U.S. renewables and remains one of the country’s largest owners of onshore wind farms through its controlling stake in Avangrid, a utility and renewables developer. The U.S. — and Avangrid — is now a central plank of Iberdrola’s global offshore wind push, accounting for more than 60 percent of its 12-gigawatt global offshore pipeline.
GTM 15th April 2020 read more »