Operator Statoil and partners Masdar and Statkraft officially opened the Dudgeon offshore wind farm in Great Yarmouth in the U.K., Statoil announced Wednesday.
Since the investment decision was made in 2014, construction costs have been reduced by more than 15 percent, from £1.5 billion to approximately £1.25 billion ($1.64 billion).
All 67 turbines at the 402-megawatt (MW) Dudgeon offshore wind farm are now delivering electricity to the U.K. grid, providing renewable energy to around 410,000 homes.
The wind farm is located 40 kilometers off the coast of Norfolk in England. Local suppliers account for more than 40 percent of the value creation in the project.
Statoil’s CEO Eldar Sætre said that Dudgeon represents an important contribution to realizing the U.K.’s renewable energy strategy.
'The U.K. has already achieved impressive reductions in CO2-emissions with clear policies to phase out coal, and last year achieved the lowest CO2 emissions since before year 1900. Statoil is proud to contribute to this both by being a large supplier of natural gas and by our investments in offshore wind,' he added.
By Gulsen Cagatay
Anadolu Agency
energy@aa.com.tr