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
Watch for Falling Gas DUCs: E&Ps Resume Completions at $4 Gas
2025-01-23 - Drilled but uncompleted (DUC) gas wells that totaled some 500 into September 2024 have declined to just under 400, according to a J.P. Morgan Securities analysis of Enverus data.
E&P Highlights: Dec. 30, 2024
2024-12-30 - Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
Winter Storm Snarls Gulf Coast LNG Traffic, Boosts NatGas Use
2025-01-22 - A winter storm along the Gulf Coast had ERCOT under strain and ports waiting out freezing temperatures before reopening.
Huddleston: Haynesville E&P Aethon Ready for LNG, AI and Even an IPO
2025-01-22 - Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right.
E&Ps Pivot from the Pricey Permian
2025-02-01 - SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.
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.