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Wind Power

Thursday
18 Apr 2024

Norway's Equinor Granted Permission for Two Extensions in Britain

18 Apr 2024  by reuters   

A general view of the offshore wind farm Hywind Tampen, North Sea August 23, 2023. NTB/Ole Berg-Rusten via REUTERS/File Photo Purchase Licensing Rights
Norway's Equinor (EQNR.OL), opens new tab has been granted a development consent for two extensions on offshore wind projects in Britain, the energy producer said in a statement on Thursday.

"With these extensions, Equinor’s wind farms in Norfolk will power nearly 1.5 million households," Equinor said in a statement, adding more assessments would still need to be done before deciding to invest.

Currently, the Sheringham Shoal and Dudgeon offshore wind farms on the North Norfolk coast provide power to some 710,000 UK homes, the company added.

Equinor has said it remains committed to developing offshore wind power production despite lower returns caused by rising inflation, higher interest rates and supply chain delays.

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