Completion of Dogger Bank A Wind Farm Delayed

The initial phase of the Dogger Bank A wind farm project, set to become one of the largest in British waters, has been postponed until the latter half of next year.

Originally scheduled for completion in the first half of 2023, Dogger Bank A and its two associated wind farms will collectively provide an installed capacity of 3.6 gigawatts.

SSE, a prominent FTSE 100 energy company, has attributed the delays to adverse weather conditions. The project, which was anticipated to be finalized this year, is not expected to have significant impacts on its returns, according to SSE.

Located between 125 and 290 km off the coast of Yorkshire in the North Sea, the Dogger Bank development zone is a key area for renewable energy expansion.

Recently, SSE announced the successful completion of its 443-megawatt Viking onshore wind farm, along with the Shetland subsea link that will first connect the Scottish islands to the UK’s transmission network, as well as the Slough Multifuel energy-from-waste power plant.

In the first half of the year, SSE saw a substantial increase in renewable energy generation, boosting total output by 44 percent to 5.3 terawatt hours. The adjusted operating profits from their thermal generation and gas storage are projected to exceed £200 million for the fiscal year, compared to £818 million the previous year. SSE’s half-year results will be announced on November 13.

By the end of March, adjusted net debt is expected to reach approximately £10 billion following the issuance of an €850 million green bond.

SSE stands as one of the leading offshore wind project developers in the UK and has secured financial backing for 130.5 megawatts of capacity from the Cloiche wind farm during the latest contracts-for-difference auction, targeting a final investment decision in the upcoming year.

In trading, SSE shares increased by 16½p, or 0.9 percent, closing at £18.90½.

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