Statoil and Statkraft have decided to start building the Dudgeon Offshore Wind Farm off the coast of Norfolk, UK. The project aims for full production in late 2017. When completed, Dudgeon will provide renewable energy for up to 410,000 households in the UK. The Dudgeon development will now move into a new phase, starting with construction of onshore cables and an onshore substation. Offshore construction will start in 2016.
The total investment in Dudgeon is estimated to be GBP 1.5B.The Dudgeon owners are preparing for a partnership structure reflecting this investment level. Statoil’s investment is expected to be GBP 500M after the partnership structure has been finalised.
“We are very satisfied to have reached a positive decision for Dudgeon”, says Statoil’s senior vice president for the renewable energy cluster, Siri Espedal Kindem. “We believe this project could further strengthen our position in the UK, benefiting from the positive and constructive dialogue already established with UK authorities, local communities and suppliers. Building on the Sheringham Shoal experience, we now look forward to a progressive dialogue with key stakeholders such as the Norfolk public community, the local supply chain and the authorities.”
Statoil is the operator of the Dudgeon Offshore Wind Project and will lead the project towards production, followed by operations starting in 2017.
