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

SourceZawya
SectorOil & Gas
CountryMiddle east

RWE, Total, BP among winners in English offshore wind leasing auction Project could deliver up to 1.5 gigawatts of renewable electricity    Image used for illustrative purpose. Power-generating wind turbines are seen near the city of Waremme, Belgium, May 30, 2018. PARIS - 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) ((susanna.twidale@thomsonreuters.com; +44 207 5424753;))Zawya CoverageequitiesSaudi's Etihad Atheeb reports $27mln revenue impact from settlement deal with...read more...