Download 18 FREE Maritime eBooks
Hornsea 3 Set To Become World’s Largest Offshore Wind Farm
Ørsted has officially approved the building of Hornsea 3, which will have a colossal capacity of 2.9 GW and become the world’s largest offshore wind farm. The project, expected to be finished by the end of 2027, comes after Ørsted’s successful Hornsea 1 (1.2 GW) and Hornsea 2 (1.3 GW) projects in the same zone.
With strong political support and aggressive development goals, the UK, a crucial market for Ørsted, is acknowledged as one of the world’s largest offshore wind markets. With twelve offshore wind farms already operating in the UK, Ørsted firmly establishes itself in this critical sector.
☑️ 2.9 GW
☑️ 3.3 million homes
☑️ Thousands of jobsEverything is impressive about the offshore wind project Hornsea 3 in the UK, and we’re very excited to announce that we’ve now decided to build this great feat of engineering 🙌
Discover more here: https://t.co/Eh1WjeW83I pic.twitter.com/NqYcTfrRrZ
— Ørsted (@Orsted) December 20, 2023
Video Credits: Ørsted/Twitter
For Hornsea 3, Ørsted obtained a Contract for Difference (CfD) for GBP 37.35 per MWh, adjusted for inflation since 2012. Using the flexibility of the CfD framework, Ørsted intends to distribute some of Hornsea 3’s capacity in the forthcoming UK Allocation Round 6. With Hornsea 3’s robust risk-reward profile and synergies with Hornsea 1 and 2, it is well-positioned to meet Ørsted’s projected lifespan project return range.
Future installation of Hornsea 4 might raise the offshore wind cluster to more than 7 GW and create new synergies.
All the central contracts for Hornsea 3 are in place, including one with Siemens Gamesa for the state-of-the-art SG 14-236 DD offshore wind turbines.
With thousands employed in developing low-cost green energy for over 3.3 million homes and significant offshore wind supply chain investments, Hornsea 3 will provide major advantages to the UK. The project’s significance in the worldwide offshore wind market and its contribution to the UK’s energy transition were emphasised by Mads Nipper, Group President and CEO of Ørsted.
Head of Ørsted UK & Ireland Duncan Clark emphasised Hornsea 3’s contribution to meeting UK government climate and renewable energy targets, improving energy independence, and generating jobs locally.
Reference: Orsted
Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.
Disclaimer :
The information on this website is for general purposes only. While efforts are made to ensure accuracy, we make no warranties of any kind regarding completeness, reliability, or suitability. Any reliance you place on such information is at your own risk. We are not liable for any loss or damage arising from the use of this website.
Related Articles
⚓️ Enhance Your Knowledge. Prevent Accidents. Stay Safe at Sea.
1. eBooks for Engine Department
Master machinery operations, troubleshooting, and safety procedures with expertly written guides tailored for marine engineers. Prevent costly breakdowns and onboard accidents through practical knowledge.
👉 Explore Engine Department eBooks
2. eBooks for Deck Department
Sharpen your seamanship, navigation, and cargo-handling skills with real-world case studies and practical insights designed for deck officers and cadets.
👉Discover Deck Department eBooks
3. eBooks on Electrical Fundamentals & Issues
Understand marine electrical systems, identify potential faults, and prevent onboard electrical failures with step-by-step explanations from industry experts.
4. Pocket Guides for Quick Reference
Compact, handy, and loaded with essential checklists—perfect for on-the-go reference during operations and emergencies at sea.
5. Combo Packs to Save Big
Access multiple expert eBooks at discounted prices. Ideal for professionals seeking complete safety and operational knowledge across various ship departments.
6. Digital Maritime Courses – Learn at Your Own Pace
Upgrade your competence with Marine Insight Academy’s online courses. Learn from industry professionals anytime, anywhere, and become a safer, smarter seafarer.
Subscribe To Our Daily Newsletter
By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.
BE THE FIRST TO COMMENT