The blustery weather brought by Storm Pia has helped Britain’s windfarms set a new clean energy record, with wind turbines generating more than half of the country’s electricity.
In July, Vattenfall halted work on the 1.4GW Norfolk Boreas offshore wind project in the North Sea, citing higher costs and “challenging market conditions”.
On Wednesday the Danish renewable energy firm Ørsted decided to push ahead with plans to build the world’s biggest windfarm off the coast of Norfolk.
It made a final investment decision on the Hornsea 3 project off Britain’s coast, which will have capacity to power more than 3.3m homes and is expected to cost 70bn-75bn Danish kroner (£8.1bn-£8.7bn).
The future of the project had been uncertain after Ørsted ditched plans to build windfarms off the US coast amid surging costs for the global wind industry from rising interest rates, steel prices and wages.
He called on ministers to be “ambitious” when they set out new parameters in March for next summer’s auction, which he hopes will secure a record amount of new renewable energy capacity and boost jobs in the sector.
The original article contains 513 words, the summary contains 183 words. Saved 64%. I’m a bot and I’m open source!
This is the best summary I could come up with:
The blustery weather brought by Storm Pia has helped Britain’s windfarms set a new clean energy record, with wind turbines generating more than half of the country’s electricity.
In July, Vattenfall halted work on the 1.4GW Norfolk Boreas offshore wind project in the North Sea, citing higher costs and “challenging market conditions”.
On Wednesday the Danish renewable energy firm Ørsted decided to push ahead with plans to build the world’s biggest windfarm off the coast of Norfolk.
It made a final investment decision on the Hornsea 3 project off Britain’s coast, which will have capacity to power more than 3.3m homes and is expected to cost 70bn-75bn Danish kroner (£8.1bn-£8.7bn).
The future of the project had been uncertain after Ørsted ditched plans to build windfarms off the US coast amid surging costs for the global wind industry from rising interest rates, steel prices and wages.
He called on ministers to be “ambitious” when they set out new parameters in March for next summer’s auction, which he hopes will secure a record amount of new renewable energy capacity and boost jobs in the sector.
The original article contains 513 words, the summary contains 183 words. Saved 64%. I’m a bot and I’m open source!