Vattenfall starts construction on two UK wind farms
Vattenfall has announced wind power investments totalling nearly half a billion pounds today saying that the UK is currently an attractive market to invest in renewables.
The announcement was made whilst Ed Davey, the Secretary of State for Energy and Climate Change, visited the site of what will be England and Wales’ largest onshore wind farm, Pen y Cymoedd Energy Project in south Wales.
The investment decisions for the more than £400mn Pen y Cymoedd project in Wales and more than £60mn Clashindarroch Wind Farm in Scotland were made by the Vattenfall board in June. Together, both schemes will on average generate approximately the equivalent annual electricity needs of 162,000 UK households.
Since late 2008, when Vattenfall entered the UK market it has invested over £2bn building five wind farms on and offshore and establishing a significant development of on and offshore wind farms. In that time it has supported over 2,000 UK jobs through contracting with UK businesses and the employment of nearly 200 permanent staff.
Vattenfall’s Director for Business Division Sustainable Energy Projects, Peter Smink, said: “Currently, the UK market for investing in onshore wind power is an attractive market because the Coalition Government has backed its development as a crucial part of its economic growth agenda. With schemes like Pen y Cymoedd and Clashindarroch contracts are, and will be, placed with local and UK businesses. We know the importance of the UK capturing the jobs potential of wind power and we will do what we can to enable that. We expect hundreds of jobs to be secured for the next three years through these decisions.”
Secretary of State for Energy Edward Davey said: “The investment by Vattenfall is testament to the power of inward investment in the UK. Onshore wind is a major success story for the UK which brings economic benefit to our shores, supports thousands of skilled jobs and is an important contributor to our energy mix .
“We have provided certainty to onshore wind investors by confirming the level of support available under the Renewables Obligation and, earlier than expected, publishing draft strike prices for contracts in the future electricity market.”
The construction of the 76-turbine Pen y Cymoedd Wind Farm in the county boroughs of Neath Port Talbot and Rhondda Cynon Taf is scheduled to start in 2014 with first power being generated for the National Grid in late 2016.
The construction of the 18-turbine Clashindarroch Wind Farm, in Aberdeenshire, has just started and is expected to be completed in early 2015 with first power generated around the same time. Late last month, Vattenfall confirmed that Highland construction firm RJ McLeod will undertake civil engineering works for the scheme, securing 70 jobs.
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