The wind farm can generate 5 terawatt hours—enough electricity to power 1.6 million homes in Scotland annually. (Source: Shutterstock)
TotalEnergies and SSE Renewables’ joint offshore wind farm Seagreen, located in the North Sea, is fully operational and running at a 1,075 megawatt (MW) capacity.
Seagreen is a joint venture between TotalEnergies (51%) and SSE Renewables (49%) and is TotalEnergies’ biggest operational offshore wind farm out of its offshore wind portfolio of more than 13 gigawatts (GW). With a foundation reaching almost 60 m below sea level, Seagreen is the deepest fixed bottom wind farm in the world.
Seagreen’s development and construction was led by SSE and began in June 2020, with approximately $4 billion invested since. SSE will now operate the offshore wind farm for its expected 25-year lifetime.
TotalEnergies will commercialize its share of Seagreen production through a mix of a long-term contracts at guaranteed price, including a 15-year contract for difference awarded by the U.K. government, a 15-year private contract for difference with the SSE Group and short-term sales on the whole sale market.
The wind farm can generate 5 terawatt hours—enough electricity to power 1.6 million homes in Scotland annually, according to the company.
“Our participation in the project alongside SSE has enabled us to strengthen our offshore wind expertise which will be extremely useful for our future projects in the United Kingdom, the United States and Germany,” said Patrick Pouyanné, chairman and CEO of TotalEnergies. “It's also very good news for Scotland, as Seagreen makes a significant contribution to the country’s net zero ambition for 2045.”
Recommended Reading
McKinsey: Big GHG Mitigation Opportunities for Upstream Sector
2024-11-22 - Consulting firm McKinsey & Co. says a cooperative effort of upstream oil and gas companies could reduce the world’s emissions by 4% by 2030.
US Drillers Cut Oil, Gas Rigs for Second Week in a Row
2024-11-22 - The oil and gas rig count fell by one to 583 in the week to Nov. 22, the lowest since early September. Baker Hughes said that puts the total rig count down 39, or 6% below this time last year.
Water Management Called ‘Massive Headwind’ for Permian Operators
2024-11-21 - Amanda Brock, CEO of Aris Water Solutions, says multiple answers will be needed to solve the growing amounts of produced water generated by fracking.
Coterra Takes Harkey Sand ‘Row’ Show on the Road
2024-11-20 - With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.
Suriname's Staatsolie Says Exxon has Withdrawn from Offshore Block
2024-11-20 - Suriname's state-run oil company Staatsolie said on Nov. 20 that U.S. oil giant Exxon Mobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&P will take over its 50% stake.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.