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Home›Business & Finance›SSE Commits to Dogger Bank JV Partnership with Statoil
Business & Finance

September 4, 2017 · about 9 years ago

SSE Commits to Dogger Bank JV Partnership with Statoil

Scotland’s energy company SSE has confirmed the formation of a 50:50 joint venture (JV) partnership with Norway’s Statoil to progress three of the four consented Dogger Bank offshore wind projects towards financial investment decisions.

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Scotland-headquartered energy company SSE has confirmed the formation of a 50:50 joint venture (JV) partnership with Norway’s Statoil to progress three of the four consented Dogger Bank offshore wind projects towards financial investment decisions.

The Dogger Bank zone consists of four 1.2GW offshore wind projects. Located between 125 and 195km off the east coast of Yorkshire it extends over approximately 8,660km2 and, once completed will have a total generating capacity of up to 4.8GW.

Offshore wind consortium Forewind was originally awarded consents for the Dogger Bank development in 2015. The new JV, SSE and Statoil, will work to progress three of these projects, Dogger Bank Creyke Beck A, Dogger Bank Creyke Beck B and Dogger Bank Teesside A, which total 3.6GW.

The remaining project, Dogger Bank Teesside B will be progressed by innogy.

“Each project represents a significant offshore development in its own right. We’re looking forward to working closely with Statoil to consider all of the options available to us in order to develop these projects further,” Mike Seaton , Director of Development at SSE, said.

“This partnership, along with SSE’s stake in the £2.6bn Beatrice Offshore Windfarm Limited offshore project in the Moray Firth, confirms our ongoing commitment to the development of our offshore wind portfolio.”

The Forewind consortium will no longer be involved with the Dogger Bank projects; however it will oversee the decommissioning of the two met masts and removal of the suction-installed mono bucket foundations later in 2017, SSE said.

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