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DONG Energy to Build World’s Largest Offshore Wind Farm

With a capacity of 1.2 gigawatt (GW), Hornsea will on completion be the world’s first offshore wind farm to exceed 1,000 MW in capacity and by a large margin become the world’s largest offshore wind farm. It will be able to meet the electricity needs of well over one million UK homes. 

Henrik Poulsen, CEO of DONG Energy, said: “We are excited about building this huge wind farm and pushing the boundaries of the offshore wind industry. Hornsea together with Race Bank, Westermost Rough and Lincs will make up a giant production area off the British east coast, supporting our efforts to deliver green and independent energy to society.”

- Download White Paper: Wind Energy Moving Ahead

Hornsea was granted a Final Investment Decision Enabling contract (Contract for Difference) by the UK Government in April 2014 and will receive a fixed tariff for the first 15 years of production. The wind farm is expected to be fully commissioned in 2020. 

Final stage towards delivering on the strategic target
Hornsea will be the final stage towards DONG Energy delivering on its strategic target of installing 6.5 GW of offshore wind by 2020. 

Henrik Poulsen said: “Reaching our strategic target is important as volume is required to reduce the cost of a new technology. It is vital in order to make all players in the value chain advance up the learning curve. As such Hornsea will be another major step in our ongoing efforts to significantly reduce the cost of electricity for offshore wind.” 


The offshore wind farm’s name is Hornsea Project One. It’s situated 120 km
off England’s Yorkshire coast. Construction starts in early 2016 - and when
the wind farm is completed in 2020, its 174 7 MW wind turbines will have
a capacity of 1.2 GW spread over 407 km2.

Hornsea will surpass Walney Extension, which had a final investment decision in October 2015, as the world’s largest offshore wind farm. Walney Extension will have a capacity of 660 MW so Hornsea is almost double the size. 

- Read more about: Wind Energy

Brent Cheshire, DONG Energy UK’ Country Chairman, said: “Our decision to construct this giant wind farm underlines our commitment to the UK market. Hornsea Project One will support the supply chain and help create local jobs. To have the world’s biggest ever offshore wind farm located off the Yorkshire coast is hugely significant, and highlights the vital role offshore wind will play in the UK’s need for new low-carbon energy.” 

Hornsea is located 120km off the Yorkshire coast and covers approximately 407 square kilometers. DONG Energy has chosen the Siemens 7.0MW wind turbine for Hornsea. DONG Energy is the sole owner of Hornsea after acquiring the 66.66% ownership share from Smart Wind in February 2015. DONG Energy also have the project rights to the Hornsea Project Two and Three, which have the potential of further 3 GW offshore wind power capacity in total. 

The information provided in this announcement does not change DONG Energy’s previous financial guidance for the 2015 financial year or the announced expected investment level for 2015-2016. 

Facts about Hornsea Project One
Hornsea is located 120km off the Yorkshire coast and covers approximately 407 square kilometers. DONG Energy has chosen the Siemens 7.0MW wind turbine for Hornsea. DONG Energy is the sole owner of Hornsea after acquiring the 66.66% ownership share from Smart Wind in February 2015. DONG Energy also have the project rights to the Hornsea Project Two and Three, which have the potential of further 3 GW offshore wind power capacity in total.

- Download fact sheet about Hornsea Project One

For additional information, please contact:

Media Relations
Martin Barlebo
+45 9955 9552

Investor Relations
Allan Bødskov Andersen
+45 9955 9769

 

Source: DONG Denmark

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