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  • Fred Olsen Quit Forth Array

    Scotlands transformation into a major offshore wind power producer received a major blow this week with the withdrawal of Fred Olsen Renewables (FOR) from the Forth Array project.

     

    The Norweigan renewable energy group terminated the project following a strategic review of its wind energy portfolio. The company will instead focus on its offshore wind project programme, which offers better near-term return-on-investment (ROI).

     

    FORs UK managing director Nick Emery said:

    "As an independent power producer we have concluded that the most efficient use of our development resource is in our onshore portfolios, where historically we have had considerable success," he said. "Crystal Rig Wind Farms I and II, for example, provide almost 10 per cent of Scotland's operational wind capacity."

     

    However, he added that "the wider Fred Olsen Group will continue to support the offshore market through its supply chain companies, and FOR will continue to progress with the Codling offshore farm in Irish Waters."

     

    FORs withdrawal from the Forth Array raises fresh questions about Scotlands ability to meet its ambitious 2020 targets for offshore wind generation. Fred Olsen are the third offshore wind developer to quit the Crown Estates Scottish Territorial Round in the last year, compounding the impact of SSE's withdrawal from the 700MW Bell Rock project and RWE's withdrawal from the 900MW Inchcape project.

     

    The collapse of a third major offshore wind project in the Firth of Forth threatens Edinburghs ambition to re-develop Leith as a major wind energy port. The termination of the Forth Array and Black Rock projects represent a serious loss of potential business for Leith, which is already under stiff competition from the ports of Dundee, Aberdeen, Newcastle and Hull. 

     

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