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November 16, 2021

Hornsea Project Three, UK

By Carmen

Hornsea Project Three is a 2,400MW offshore wind power project. It is planned in North Sea, England, the UK. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 2,400 2,400 Permitting England, the UK Orsted Hornsea Project Three (UK)

Description

The project is being developed by Orsted Hornsea Project Three (UK) and is currently owned by Orsted UK with a stake of 100%.

The project is expected to supply enough clean energy to power 2,000,000 households. The project cost is expected to be around $11,955.6m. The project will be spread over an area of 696km².

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.

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Contractors Involved

Siemens Gamesa Renewable Energy will be the turbine supplier for the wind power project. The wind power project consists of 231 turbines.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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