Germany’s RWE AG (ETR:RWE) on Tuesday confirmed it is among the companies that have been given the green light to proceed with the signing of offshore wind lease agreements in the UK.
The German energy group's subsidiary RWE Renewables in February secured seabed rights for its 3-GW Dogger Bank South offshore wind projects in the UK government’s Offshore Wind Leasing Round 4. The lease agreement is due to be signed on the basis of a "derogation."
Following the competition, RWE Renewables received the preferred bidder status for two adjacent sites within the Dogger Bank area off the Yorkshire coast, each with the capacity to accommodate 1.5 GW of offshore turbines. The company said it will develop Dogger Bank East and Dogger Bank West schemes collectively, with plans to file a development consent application in 2024.
Currently, the projects are at a very early stage of development and the exact installed capacity of each portion will be determined following stakeholder consultation and the signing of grid-connection contracts.
The six fixed-bottom offshore wind projects selected in the fourth leasing tender will result in the installation of capacity to generate power for more than seven million homes.
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