Nov 12, 2014 - Danish state-owned utility Dong Energy said Tuesday it has secured a lease to develop a 700-MW wind farm project in the Irish Sea.
The company was selected as a preferred partner by the Isle of Man government through a bidding process. According to a press release, the wind farm will be constructed off the island’s eastern coast, within the 12-mile (19-km) limit of Mann's territorial sea. The park has to be brought online by 2023.
The lease has a term of 25 years and an option to be extended by an additional 25.
The Isle of Man estimates that leasing parts of the seabed for the construction of renewable energy capacity will lift its public funds by at least GBP 5 million (USD 8m/EUR 6.4m) annually and open over 50 local jobs. The government of the self-governing dependency of the British Crown also picked Manx Tidal Energy and Tocardo Tidal Energy as the preferred bidders for tidal power developments around the island.
Last week, Dong Energy also received the go-ahead from the UK government for its 660-MW Walney Extension offshore wind project in the Irish Sea. The new plant will be installed off Walney Island, to the north west of the Walney I and II offshore wind parks, which have a combined capacity of 367.1 MW.
(GBP 1.0 = USD 1.592/EUR 1.276)
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