Business World of Renewable Energy

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British Offshore Wind Projekt Hornsea 2: The World's Largest Wind Farm Goes Into Full Operation

Fredericia, Denmark - Currently the world's largest installed wind farm, Hornsea 2 is now fully operational. This was announced by Ørsted. The Ørsted share is nevertheless slipping this week.

The Danish energy company Ørsted pushes the expansion of offshore wind energy worldwide. In the British North Sea, another mammoth project, the Hornsea 2 offshore wind farm, has now gone into full operation. With a capacity of 1,300 megawatts (1.3 GW), the project currently ranks first among the world's largest offshore wind farms.

Hornsea 2 supplies over 1.4 million British households with wind power

A total of 165 Vestas turbines with a capacity of 8 MW were installed for the British offshore wind farm Hornsea 2, which has now officially gone into full operation This brings the total capacity to over 1,300 MW. The Hornsea 2 offshore wind farm is located around 89 km off the Yorkshire coast in the British North Sea. The wind farm covers an area of 462 square kilometers, equivalent to more than 64,000 soccer fields. The electricity generated by the Hornsea 2 wind turbines, which is calculated to be enough to supply more than 1.4 million British homes, will be transported to the coast at Horseshoe Point in Lincolnshire via cables with a total length of 390 km.

The Hornsea 2 site is located adjacent to the Hornsea 1 offshore wind farm, which has a capacity of 1,200 MW (1.2 GW). Together, the two projects can provide electricity to a calculated 2.5 million homes, according to Ørsted.

In the Hornsea zone, an area of more than 2,000 square kilometers in the British North Sea, another, even larger offshore wind farm, Hornsea 3, is planned. The 2,800 MW project is to follow Hornsea 2 and will also be implemented by Ørsted.

"Not only will Hornsea 2 provide low cost, clean energy for millions of homes in the UK, it has also delivered thousands of high-quality jobs and billions of pounds of investment in the UK’s offshore wind supply chain. We look forward to working with government and industry colleagues to continue to accelerate the deployment of offshore wind for the benefit of homes and businesses across the country”, said Duncan Clark, Head of Region UK at Ørsted on the occasion of the commissioning.

Ørsted sets sights on further expansion of offshore portfolio

Ørsted now operates 13 offshore wind farms with a capacity of 6,200 MW (6.2 GW) in the UK. Orsted's goal is to install 30 GW of offshore wind farms worldwide by 2030. Ørsted currently has a total of approximately 8,900 MW (8.9 GW) of offshore wind capacity in operation, approximately 2,200 MW (2.2 GW) under construction, and another nearly 11,000 MW (11 GW) of committed capacity under development, including Hornsea 3.

Ørsted share price slips this week

Ørsted's share price is losing ground so far this week. After the first three days of trading, the share is trading with a loss of 7.4 percent at a price of 95.98 euros (closing price, Sep. 01, 2022, Stuttgart Stock Exchange).

Source: IWR Online, 02 Sep 2022