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BlueFloat pulls out of NZ amid seabed mining concerns

Saturday, October 26 2024

Wind Energy – Cancellation

Spanish offshore wind developer BlueFloat Energy is cancelling plans for wind farms off the coast of Taranaki and Waikato, citing ‘key uncertainties’ about the route to market and the competition for allocation of the seabed.

The move comes after a controversial seabed mining plan was revealed to be among the 149 projects listed in the Government’s Fast-Track Approvals Bill.

Developers, including BlueFloat, have previously said the seabed mining project could shrink or completely eliminate the area available for offshore wind in South Taranaki, which is considered to have the country’s best wind resource.

Related posts:

  1. Investment to develop South Auckland-Waikato Offshore Wind industry
  2. New Zealand to push through law to reverse ban on O&G exploration
  3. Meridian Energy and Parkwind sign MoU for New Zealand
  4. BlueFloat Energy ready to establish Taiwan’s First Floating Wind Farm

Filed Under: BlueFloat Energy, cancellation, International projects, New Zealand Tagged With: BlueFloat Energy, cancellation, New Zealand, Taranaki, Waikato

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