Cost of Decommissioning Oil and Gas Wells in the UK North Sea Could Reach $23 Billion
Over two thousand oil and gas wells in the UK sector of the North Sea will need to be decommissioned over the next decade at a total cost of around...
By Nia Williams
Nov 23 (Reuters) – France’s first commercial-scale offshore wind farm started operating on Wednesday, adding 480 megawatts of capacity to the grid at a time when Europe is scrambling to secure energy supplies following Russia’s invasion of Ukraine.
The Saint-Nazaire wind farm, situated off the coast of Brittany in northwestern France, consists of 80 turbines and will provide clean energy to power the equivalent of 400,000 homes annually, or 20% of the Loire-Atlantique region’s electricity consumption.
The project is co-owned by EDF Renewables and EIH Sarl, a subsidiary of Canada’s Enbridge Inc ENB.TO, and CPP Investments.
Enbridge, best known for its North American oil pipeline network, is a partner in three other French wind projects currently under construction.
“(We) look forward to continuing our work together in growing France’s offshore wind sector,” Matthew Akman, Enbridge’s senior vice president of power, strategy and new energy technology, said in a news release.
The Saint-Nazaire project took 10 years to complete. In September, French President Emmanuel Macron visited the site and vowed to cut red tape to halve the time it takes in France to get renewable projects off the ground.
Earlier this year, Macron said he wants France to have about 50 offshore wind farms by 2050.
(Reporting by Nia Williams in British Columbia; Editing by Cynthia Osterman)(c) Copyright Thomson Reuters 2022.
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