A massive offshore wind farm is set to be built off Scotland’s east coast after winning a UK government tendering competition to supply power.
Known as Moray East, it will be sited between Fraserburgh and Wick in the Moray Firth,
When completed in the next five years, the 950MW scheme will be Scotland’s biggest offshore wind farm – overtaking the 588MW Beatrice field being constructed nearby.
With around 100 204m-tall turbines, Moray East will generate enough electricity for around one million homes.
The development, a joint venture between Spanish renewables giant EDPR and French utility firm Engie, is the only Scottish wind project to have been awarded a 15-year Contract for Difference (CfD) from Westminster’s Department for Business, Energy & Industrial Strategy in the current round of licensing.
The new agreement, with a strike price of £57.50 per megawatt hour, represents a significant drop in the cost of offshore wind generation.
The latest price is nearly two thirds less than in 2015 and dramatically cheaper than the £92.50 per megawatt hour deal with the new Hinkley C nuclear power station.