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Statoil eyes Britain's 2019 renewable subsidy auction for Dogger Bank

Posted by Charles Decuir on May 8, 2018 7:20 AM EDT
Charles Decuir photo
Charles Decuir photo

Statoil is working with its partner SSE <SSE.L> to develop the Dogger Bank offshore wind project so it can take part in Britain's renewable energy subsidy auction in 2019, the company said on Friday.

The planned 4.8 gigawatt (GW) Dogger Bank project, which has approval from the British authorities, is set to become the world's largest offshore wind park and could deliver more than five percent of Britain's electricity needs, Statoil Executive Vice President Irene Rummelhoff said in London.

https://uk.finance.yahoo.com/news/statoil-eyes-britains-2019-renewable-subsidy-auction-dogger-103718204--finance.html?guccounter=1

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