Friday, September 30, 2022

Iberdrola begins work on its largest investment in offshore wind power in the United Kingdom

Iberdrola has begun construction of three offshore wind farms in the United Kingdom of East Anglia, a facility with 1,400 megawatts (MW) of electricity that, together with the rest of the complex, will raise an investment of £6,500 million (7,700 million euros). More and more investment in this signature technology.

The Spanish company will build a larger complex with the development of two other parks East Anglia One North and East Anglia Two for a total installed capacity of 3,000 MW, 6% of the country’s offshore wind generation target, as the company announced this Thursday. Underlined that this is a statement.

In the case of East Anglia Three, the energy company expects to start its activity in 2025 and its production will serve to provide 1.3 million homes with clean energy. Its construction phase will provide employment to 7,000 people.

The park under construction will also join East Anglia Forest, which Iberdrola operates through its subsidiary ScottishPower and has the capacity to produce 714 MW of electricity and power for 630,000 British homes.

park

The first phase of works will focus on the ground work. In collaboration with Siemens and Aker Solutions, the park’s onshore substation will be installed in Suffolk County and connected to the National Grid power grid.

East Anglia Three will occupy an area of ​​305 square kilometres, where over a hundred new generation wind turbines will be installed at altitudes of up to 247 metres.

Similarly, it will have four marine substations, one platform to house operations and four submarine cables to export the energy produced ashore.

When it begins production, the farm will become the seventh for the firm, with two other farms already in service, located in the East Anglia Forest and Irish Sea and German Baltic waters.

Similarly, the Spanish company is building three large facilities in France, the United States and Germany with an investment of €2,500 million in the first two and €3,500 million in the latter.

big power bet

Offshore wind power is one of the group’s bets since the firm began its operations two decades ago. Of the 7,000 MW, 78.5% correspond to marine projects, constructed or insured under long-term purchase agreements.

Thus, this energy already accounted for 30% of the new capacity installed by the group during the first half of the year. In the coming years, Iberdrola will invest approximately 30,000 million euros worldwide with the aim of reaching 12,000 MW of offshore wind power in operation by 2030.

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