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October 26, 2018

Moray East to build offshore wind farm O&M Base at Fraserburgh

Moray Offshore Windfarm East (Moray East) has put forward its proposals for the construction of an offshore wind farm operations and maintenance (O&M) base at Fraserburgh Harbour.

Moray Offshore Windfarm East (Moray East) has put forward its proposals for the construction of an offshore wind farm operations and maintenance (O&M) base at Fraserburgh Harbour.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
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Moray East, a subsidiary of EDPR UK, is a 950MW offshore wind farm located on the Outer Moray Firth, in Scotland.

During a press conference at Fraserburgh Harbour, Energy Minister Paul Wheelhouse MSP was briefed about the new facility, which will serve as the main onshore base for the O&M of the wind farm.

In June this year, Moray East selected Fraserburgh as the preferred O&M port.

Moray East project director Oscar Diaz said: “Moray East is a major new generation project, providing low cost, low carbon power to meet the needs of 40% of Scotland’s households, and Fraserburgh Harbour will become the key onshore hub for that facility.

“Moray East is a major new generation project, providing low cost, low carbon power to meet the needs of 40% of Scotland’s households.”

“Fraserburgh Harbour’s Commissioners brought together key local stakeholders in their bid for the O&M work, and I am pleased to announce the establishment of ‘FLAME’, the Fraserburgh Local Alliance with Moray East, which draws together the Harbour, Aberdeenshire Council, North East Scotland College at Fraserburgh along with Moray East and MHI Vestas, with the aim of maximising the local opportunities, which Moray East will create.”

A portion of land area at the Fraserburgh Harbour will be used for the construction of a new two-story facility on the quayside.

Moray East noted that it has already signed an options agreement with Fraserburgh Harbour to secure the necessary land for these new developments.

For this project, MHI Vestas will supply and install its 100 V164-9.5MW offshore wind turbine generators and also undertake maintenance activities.

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Free Report
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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

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