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Business

Orsted, RWE, Total, BP among winners in English offshore wind leasing auction

Published by linker 5

Posted on February 8, 2021

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LONDON (Reuters) – Orsted, RWE, BP and Total are among the winners in England’s first major auction of offshore wind farm leases in more than a decade, the country’s Crown Estate said on Monday.

Britain, already the world’s largest offshore wind market, plans to generate a third of its electricity from the technology by 2030 as a part of efforts to reach its 2050 net zero carbon emissions target.

A total of six projects, representing just under 8 gigawatts of capacity were successful, which if built could provide enough electricity to power about 7 million homes, the Crown Estate said.

(Reporting by Susanna Twidale; Editing by Edmund Blair)