Iberdrola reaffirms its commitment to offshore wind power in the UK with £1,500m investment in wind turbines | Economy

Iberdrola has formalized one of the largest contracts in its history worth £1,300m (about €1,500m) to build 95 Siemens Gamesa wind turbines for the East Anglia Three offshore wind farm, the second largest in the world, as The company’s president, Ignacio Sánchez Galán, endorsed it in his speech at the Aurora Forum at Oxford University. Afterwards, British Prime Minister Rishi Sunak welcomed Galan to Downing Street, with whom he exchanged views on the situation in the energy sector and reaffirmed the company’s commitment to the country.

The total capacity of the 95 turbines in operation, which has a capacity of 14.7 megawatts (MW), is 1,400 MW of renewable energy, enough to supply 1.3 million British homes. The UK is thus reaffirming its position as a European superpower in the field of offshore wind energy. and Iberdrola, through its subsidiary Scottish Power, as a major player on the islands.

Galan highlighted, “The scale and ambition of this project is yet another example of Iberdrola’s commitment to decarbonization and energy security around the world, with large renewable infrastructures such as the East Anglia Three offshore wind farm capable of generating economic activity through its entire supply chain. And create thousands of jobs.

East Anglia Three is being built in the southern North Sea, 69 km from the town of Great Yarmouth and in the stretch of water between the British and Dutch coasts. According to the company’s calculations, it will create more than 2,300 jobs during the two years that construction will continue and more than 100 in operation and maintenance tasks throughout its useful life. Scottish Power is accounting for a €2,300m investment in the UK to support the construction and operation of East Anglia over its useful life.

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In doing so, East Anglia Three will join the energy company’s many offshore wind farms already operational or under construction in Europe as a whole. Of these, three are already active: West Duddon Sands (195 MW), in the Irish Sea; Wikinger (350 MW) in German waters of the Baltic Sea; and East Anglia One, also in the United Kingdom. For those under construction, its first major offshore project in France, Saint-Brieuc (with a capacity of approximately 500 MW), stands out.

On the other side of the Atlantic, in the US, Iberdrola is building, with an investment of around €2,500 million, what will be the country’s first commercial-scale wind farm, Vineyard Wind 1 (806 MW), off the coast of Massachusetts. This facility will be able to meet the energy needs of more than 400,000 homes and will prevent the emission of more than 1.6 million tons of carbon dioxide (CO₂) annually.

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