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Fred Olsen-Vattenfall JV To Develop 798MW Offshore Wind Project In Scotland

January 19, 2022 - Fitch Solutions Sector Intelligence

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research. Fred Olsen-Vattenfall JV To Develop 798MW Offshore Wind Project In Scotland 19 Jan 2022 United Kingdom Infrastructure News: A 50-50 joint venture (JV) between Fred Olsen Seawind and Vattenfall has won rights to develop a 798MW offshore wind project off the east coast of Scotland as part of the ScotWind offshore tender. The proposed wind farm will be located on a site near Aberdeen, and it is estimated to serve more than 700,000 homes. The JV will now continue to progress environmental studies, launch a public consultation and undertake an environmental impact assessment for the proposed facility (Renewables Now). This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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	Stage 3 load shedding on cards due to loss of generating capacity
	GenCell Partners with RedHawk Energy Systems to Deliver Clean Resilient Backup Power Solutions
	Greencoat UK Wind buys stake in Hornsea 1 wind farm off UK east coast
	Nepal, India sign six pacts including development of Arun-IV hydel project
	Solar, wind costs climbing, but still cheaper than fossil fuel
	Netherlands Renewables Report
	Ørsted to acquire Mars-contracted wind farm in Illinois
	Scottish jam producer R&W Scott eyeing green H2 solutions
	Denmark is launching a huge trio of 15-MW offshore wind turbines
	Philippines Plans To Launch A Tender In June 2022 For 2GW Renewables Project
	Mepco to install power transformer at Arifwala grid station
	HESCO chief claims all out efforts being made to facilitate power consumers
	Amir Muqam for relief to masses through reduced power load shedding
	Power crisis worsens as shortfall reaches 4,250 MW
	Ørsted agrees to acquire onshore wind farm Ford County Wind in Illinois
	DBS Hong Kong and CNTIC HK Strengthen Sustainability Commitment via Wind Power Project in Bosnia and Herzegovina with EUR 15 million Green Bridge Loan
	ADB-Viet Nam Harvests the Benefits of a Wind Farm and Strong Private Sector Partnership
	Bruntwood buys stake in Scottish wind farm
	Translation: Expansion of renewables not at the expense of environmental and nature conservation: BUND against offshore proliferation and small hydropower
	Wind accounts for 9.73% of France’s power output on May 15
	NTPC begins commercial operation of 20 MW capacity of Kawas Solar PV Project
	bp Bids for Offshore Wind in the Netherlands
	Ørsted partners with oil company TotalEnergies to participate in Dutch offshore wind auction
	Energy islands, Denmark's revolutionary project to free Europe of Russian gas
	Russia cuts power supply to Finland due to "payment problems" and without mentioning NATO

May 14
	VSB Group buys rights to hybrid renewable project in Poland
	Samsung C&T invests in NuScale to construct small nuclear power reactor projects
	Brussels forces the government to urgently reform the regulated tariff as requested by the electricity industry
	Senators from the Frente de Todos interbloc to visit the Atucha Nuclear Complex
	Alto Maipo exits U.S. Bankruptcy Law and assures financial viability of the project
	Russian company says it will halt electricity supply to Finland
	Automated Smart Meters: The New-Gen System Of Electricity Regulation
	Security: IAEA Mission Sees Safety Commitment by France’s Civaux Nuclear Power Plant
	Photon Energy NV - Monthly Report for April 2022
	Germany : GaN Systems and Phihong Technology Announce the Industrys Highest Power Density Gaming Laptop Power Supply
	China : Renewable power is set to break another global record in 2022 despite headwinds from higher costs and supply chain bottlenecks
	Iberdrola doubles its wind power portfolio in Brazil through Neoenergía
	Business Secretary says building nuclear power plants may increase energy bills
	Russia says to cut electricity to Finland from Saturday
	Bruntwood buys stake in Scottish wind farm
	Virtsu Iii Wind Farms Full Maintenance
	Norway : Powerful investment in offshore wind
	Vietnam : Mangrove Planting Funded as Part of Wind Farm Environment Pledge
	Ørsted, TotalEnergies make joint bids in 1.4-GW Dutch offshore wind tenders
	42.6 megawatts Baranw-Rychtal wind farm
	Wind Farm at off the coast of Kuji city
	170-MW hybrid renewables project in Lower Silesian Province
	South Korea Renewables Forecast Scenario
	New Zealand Renewables Key View
	What are 'energy islands', a revolutionary project against European dependence on Russian gas
	Time to dispel myths, the Yorkshire public backs wind power - YP Letters
	Europe Power & Renewables Insight

May 13
	Ørsted and TotalEnergies partner to participate in Dutch offshore wind tenders
	ORLEN Group - Service port for Baltic Power offshore wind farm to be built in Leba
	BP Launches Two Bids For Power Generation From Two Sites In HKW Zone In Netherlands
	TotalEnergies Wins Maritime Lease to Develop a 1 GW Offshore Wind Farm off North Carolina's Coast
	Valorem, Megatuuli target 1.5 GW of wind projects in Finland by 2025
	Australian Daily Wind Power Generation Data – Thursday 12 May 2022
	UK's Incomplete 2022 Energy Security Strategy Focuses On Key Technologies But Ignores Major Issues
	Vattenfall sees strong increase in demand for solar PPAs
	NRG Systems Offers the Only Lidar to Measure Full Wind Turbine Shear and Veer
	Corio Partners With Ontario Teachers' to Pursue Global Offshore Wind Development
	Banking: Vietnam Harvests the Benefits of a Wind Farm and Strong Private Sector Partnership
	End of Koeberg outage to ease South African grid pressure
	Pa. awards $2M in clean energy grants to boost workforce development \| Friday Morning Coffee
	The Tata Power Company informs about transcript of audio call recording
	Origin Secures Planning Approval For 700MW Eraring Battery Project in Australia
	IAEA - Nuclear Explained, New Podcast Episode on Nuclear Reactors
	Feasibility Study Permit Issued For Thor Offshore Wind Project In Denmark
	Longi Wins Contract To Supply Electrolysers For Green Hydrogen Project In China
	Cepsa joins Spanish Hydrogen Association to promote decarbonization and energy independence
	Pipeline Infrastructure and GAIL ink MoU to collaborate, develop hydrogen-based ecosystem
	Kazakhstan to research issue of building nuclear power plant by end of 2022
	VSB Acquires Exclusive Rights To Develop 170MW Wind-Solar Hybrid Project In Poland
	Brazil replaces energy minister amid Petrobras controversy
	NTPC invites bid to raise Rs 5,000 cr via term-loan to fund capex
	Clean Energy Matrix May Reach 70 Percent By 2025
	Decentralized and Clean Energy Trading is the Missing Piece of Sustainability in the Energy Sector
	Aquila, Far North Solar to start 1 GWp solar roll-out in New Zealand
	SSA Power Regional Overview: Limited Power Capacity Growth Coming Mostly From Hydropower And Renewable Sources
	Tata Group May Enter The Battery Business Soon
	GIG's Corio, Ontario Teachers’ pursuing 9-GW offshore wind JV
	Wind parks produce 4.42% of France’s electricity on May 12
	A Global Energy Shortage Is Putting Bitcoin Under Pressure
	Eskom pins hopes on returning Koeberg and Kusile power station units to reduce pressure on constrained power system
	Spain signs off on plans to temper volatile energy prices
	Cub Energy Announces 2021 Yearend Results
	Quick View: Spain's Semiconductor Plans To Support Growth In Key Verticals
	Spain's Audax reports Q1 net profit drop, exit from Polish gas market
	The energy that comes from the wind
	These are the key points of the Business Trends Report submitted by Acciona to the CNMV.
	PKN Orlen: Service port for Baltic Power offshore wind farm to be built in Leba
	Abu Dhabi's Masdar and NPCC to work together on offshore wind and green hydrogen technologies
	Octopus Energy To Finance Xlinks' Subsea Power Cable Project To Deliver Energy From Morocco to UK
	UPDATE - TotalEnergies plans over 1 GW in Carolina Long Bay lease area
	Småkraft secures 12 years fixed rate loan with institutional investors
	Masdar, National Petroleum Construction Company to explore renewable energy opportunities
	Bord Gais agrees power offtake from 40 MW of Amarenco solar projects
	Encavis boosts Q1 green power generation by 33% as portfolio hits 2 GW
	TotalEnergies announces the start construction of the Eolmed project
	BW Ideol and Tohoku Electric Power start first stage of commercial-scale floating wind project in Iwate prefecture, Japan
	Italy Renewables Forecast Scenario
	Enersense's subsidiary Megatuuli and Valorem enter into a co-operation agreement on 1,500 MW wind power development projects in Finland
	BigBlue Energy Releases New Emergency Power Source
	Studies from Hohai University Yield New Data on Computers and Geotechnics (Vertical Dynamic Interaction Factors for Offshore Thin-walled Pipe Piles)
	BW Ideol Forms Partnership with Tohoku Electric Power
	Bluefield Solar Income Fund Acquires Solar and Wind Projects in UK for USD138.6 Million
	Energy Infrastructure Completes Bond Financing for MB2 North Wind Farm in Sweden
	Duke Energy among companies with winning bids for NC offshore wind energy
	Lairg community should welcome new wind farms
	New Marine Engineering Study Findings Have Been Reported from Gdansk University of Technology (Heave Plates with Holes for Floating Offshore Wind Turbines)
	Reports Outline Wind Farms Study Results from Northeastern University (A Transfer Learning-based Scenario Generation Method for Stochastic Optimal Scheduling of Microgrid With Newly-built Wind Farm)
	Researchers from School of Automation Provide Details of New Studies and Findings in the Area of Wind Energy (Deep Non-crossing Probabilistic Wind Speed Forecasting With Multi-scale Features)
	Researchers from Shiraz University of Technology Describe Findings in Wind Turbines (Feasibility Study of Twin-rotor Savonius Wind Turbine Incorporated With a Wind-lens)
	Reports Outline Wind Energy Study Findings from University of Petroleum and Energy Studies (A Fuzzy Analytic Hierarchy Process-based Analysis for Prioritization of Barriers To Offshore Wind Energy)
	Research from University of Sao Paulo (USP) in the Area of Wind Turbines Described (Geometric Analysis of Small Wind Turbine Blades Manufactured by Additive Manufacturing)
	New Wind Turbines Findings from Technion-Israel Institute of Technology Reported (Large-eddy Simulation of a Wind Turbine Using a Filtered Actuator Line Model)
	Federal University of Ceara Researchers Publish New Data on Wind Farms (Participatory Methodologies and the Production of Data on Artisanal Fishing in Areas with Offshore Wind Farm Projects in Ceara, Brazil)
	Researchers from Lawrence Berkeley National Laboratory Provide Details of New Studies and Findings in the Area of Wind Turbines (In the Shadow of Wind Energy: Predicting Community Exposure and Annoyance To Wind Turbine Shadow Flicker In the ...)
	Studies from South Ural State University Add New Findings in the Area of Energy Conversion and Management (Horizontal Axis Wind Turbine Yaw Differential Error Reduction Approach)
	Renewable power set to break another global record in 2022 despite headwinds: IEA
	IAEA approves construction of nuclear power plant in Uganda
	Green Genius plans to develop 700MW of renewable energy capacity
	Spot power prices ease at Exchange
	Naturgy earns 347 million up to March, down 9.4%.
	IAEA announces transmission of safeguards from Ukraine's Chornobyl plant
	ScottishPower and Shell team up with National Energy Skills Accelerator for ScotWind collaboration
	California Sets Aggressive Offshore Wind Target
	Offshore Wind Power
	India Renewables Key View
	Energiequelle, WindStrom commission 9-MW French onshore wind park
	Netherlands Renewables Forecast Scenario
	TotalEnergies pursues its development in floating offshore wind with the start of construction of a first farm in France
	Hansewerk to expand power grid in northern Germany amid solar boom

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Fred Olsen-Vattenfall JV To Develop 798MW Offshore Wind Project In Scotland