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September 7, 2016

Balfour Beatty Equitix Consortium secures license to operate link to Humber Gateway windfarm

Ofgem has granted Balfour Beatty Equitix Consortium (BBEC) with a licence to operate a £160m high-voltage link to the Humber Gateway windfarm for 20 years.

Ofgem has granted Balfour Beatty Equitix Consortium (BBEC) with a licence to operate a £160m high-voltage link to the Humber Gateway windfarm for 20 years.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
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BBEC is a consortium consisting of Balfour Beatty Investments and Equitix. It was chosen by Ofgem after a tender process, which saw bidders competing to become offshore transmission owners.

"Humber Gateway is the second project tendered under the third tender round, which has delivered £333m of transmission assets in total."

Humber Gateway windfarm is located in the North Sea, around 8km off the coast of Yorkshire. It has 73 wind turbines and a combined installed capacity of 219MW.

E.ON Climate & Renewables UK Humber Wind constructed the transmission assets for the farm.

The windfarm is the second and final project tendered under the third tender round, which has delivered £333m of transmission assets in total.

Ofgem and the Department of Energy and Climate Change set up the OFTO regime in 2009 and since then,  it has attracted almost £3bn in addition to leading to significant savings in the costs of delivering offshore wind.

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Free Report
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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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