Seadragon Offshore Wind Project is a 1,500MW offshore wind power project. It is planned in Bass Strait, Victoria, Australia. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2027 and is expected to enter into commercial operation in 2031.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 1,500 | – | 1,500 | Announced | Victoria, Australia | Flotation Energy |
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Description
The project is being developed and currently owned by Flotation Energy.
The project is expected to supply enough clean energy to power 1,000,000 households. The project cost is expected to be around $6,000m. The turbines will be mounted on a fixed type foundation.
Development Status
The project construction is expected to commence from 2027. Subsequent to that it will enter into commercial operation by 2031.
About Flotation Energy
Flotation Energy PLC (Flotation Energy) specializes in the development of new offshore wind projects. The company is headquartered in the UK.
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.
