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.
