Thanks to this approval, the company will be able to build in English waters a megaproject of renewable energy, the most ambitious to date by a Spanish company in the renewable energy sector. This new marine wind farm joins the one that already develops Iberdrola in the same area, denominated East Anglia One, of 714 MW of capacity.
The portfolio of projects will allow Iberdrola to grow in the next decade in offshore wind, technology in which the group is a world leader.
Iberdrola’s bid to develop its wind energy business is concentrated in two of the group’s main markets, the United States and the United Kingdom, as well as in Germany and France.
In the United States, the group led by Ignacio Sánchez Galán, through its subsidiary Avangrid, is present in the Vineyard Wind project, where he is a partner of Copenhagen Infraestructure Partners (CIP) for the development of a marine wind project on the coast of Massachusetts , whose construction is expected to begin in 2020. The area is expected to produce up to 1,600 MW from offshore wind farms.
Also in the United States, Iberdrola won an auction last March the rights to develop and build a marine wind farm in the area known as Kitty Hawk, 24 nautical miles off the coast of North Carolina and with potential to install up to 1,486 MW of capacity.
In this project, the energy company has recently taken a step forward with the signing of the lease of the area with the Bureau of Ocean Energy Management (BOEM), which will allow it to advance in the works. The potential of this area could rise to 2,500 MW of offshore wind over the next decade.
UK, focus of growth.
The other major focus of marine wind power for the group is in the United Kingdom, where Iberdrola in 2014 marked its first milestone in this business by becoming the first company to project and start up a marine wind farm – in consortium with the Danish Dong-, the West of Duddon Sands (WoDS), which has a power of 389 MW.
In addition, Iberdrola received approval from the British Government this summer for the construction of the East Anglia Three marine wind farm, which will have an installed capacity of up to 1,200 megawatts (MW).