2024-11-05
http://w3.windfair.net/wind-energy/news/30688-engie-moray-east-wind-farm-offshore-electricity-scotland-commercial-operation-period-long-term

News Release from ENGIE

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ENGIE Signs PPA for Moray Offshore Wind Farm East Electricity

The French energy company wants to purchase 23.3% of the electricity generated from the 950MW wind farm.

It's a long-term committment for a 15-year period, starting from commercial operation of the wind farm which is scheduled to commence in 2022.

Moray East will be installed 22km from the east coast of Scotland and will produce enough electricity to power the average requirements of around 950,000 UK homes.

David Alcock, ENGIE UK Divisional CEO, said: “We’re pleased to have secured this PPA for Moray East which strengthens our offer of delivering renewably sourced energy to UK B2B and domestic consumers. This agreement allows ENGIE to be uniquely involved in the project – contributing to both the development of the windfarm as well as the offtake of renewable energy produced. Moray East is a key asset in the UK’s move to lower carbon energy production: the PPA further demonstrates ENGIE’s ability to provide integrated energy solutions whilst playing an important role in the nation’s transition to renewable generation”.

Oscar Diaz, Project Director for Moray East said: “Moray East is a landmark project for the offshore wind industry, delivering sustainable, renewable generation at a highly competitive power price. This PPA brings high-capacity, low cost, low-carbon power generation to the UK wholesale market on a long-term contract with associated stability for the entire CfD period.”

Source:
ENGIE
Author:
Windfair Staff
Keywords:
ENGIE, Moray East, wind farm, offshore, electricity, Scotland, commercial operation, period, long-term



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