Renewables

British support does not make Vattenfall revive project immediately

The UK government is sending a ”very positive signal” with greater support for offshore wind, the Swedish project developer says, but still lacks an answer to secure the future of the GW cluster.
In addition to being UK Director of Public and Regulatory Affairs, Lisa Christie took over the role of Vattenfall's interim UK Country Manager in April from Danielle Lane, who has moved to RWE. | Photo: Vattenfall
In addition to being UK Director of Public and Regulatory Affairs, Lisa Christie took over the role of Vattenfall's interim UK Country Manager in April from Danielle Lane, who has moved to RWE. | Photo: Vattenfall
by MAZ PLECHINGER

It was with built-in praise that the UK government last week announced a significantly higher financial cap in the upcoming offshore wind tender. The political announcement that the price cap was being raised from 44 to 73 pounds/MWh (62.2 cents/kWh) included kind words from Ørsted, RWE, SSE, Equinor, EDF and Iberdrola’s UK subsidiary, Scottishpower.

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