Well Well Well
Ladies and Gentlemen, Boys & Girls, it’s all on the back burner as they say.
Three Cheers for North Devon and all that sail in her…
Hip Hip ???
Checkout this letter from Paul Cowling – Director of Offfshore Wind UK
Dear Sir or Madam,
I wanted to update you regarding the zone 8, round 3 offshore wind project in the Bristol Channel, known as Atlantic Array development.
Due to technical challenges specific to the zone, coupled with the current market conditions, it is uneconomic for RWE to continue with the Atlantic Array development.
The Crown Estate has agreed to RWE Innogy’s request to terminate the agreement for the Bristol Challenge zone, allowing RWE Innogy to stop its development activities in the Zone, and surrender the option for the Atlantic Array project, thereby removing RWE innogy’s seabed rights.
The Crown Estate has no plans to undertake further work on the Bristol Channel Zone for the foreseeable future. However, the area remains one that has a good resource. As the industry develops over the next decade and on the back of more viable technologies being demonstrated, expected innovation and cost reduction may in the future open up opportunities in the more challenging areas, such as in the Bristol Channel.
The decision to stop activity on Atlantic Array has not been taken lightly and RWE remains committed to offshore wind and our investment in renewables in the UK. We will now continue to focus on the other offshore projects, which we believe are more technically viable within our extensive offshore pipeline of up to 5,200MW, in addition to completing the construction of our Gwynt y Mor offshore wind farm.
I would like to take this opportunity to thank you for your interest in the project.