Partner companies bp and EnBW are preferred bidders on two 60-year leases awarded by The Crown Estate in UK Offshore Wind Round 4.
The partners intend to jointly develop and operate the leases to contribute to the UK’s 40GW target for 2030.
The first of the two wind farms is planned to be operational in seven years (autumn 2028).
This combined potential generating capacity of 3GW is sufficient to power the equivalent of approximately 3.4 million UK households with clean electricity.
Energie Baden-Württemberg AG (EnBW) is one of the largest energy supply companies in Germany and supplies electricity, gas, water, and energy solutions and energy industry services to around 5.5 million customers with a workforce of more than 23,000 employees.
EnBW aims to strengthen its position as a sustainable and innovative infrastructure partner for customers, citizens and local authorities to an even greater extent.
The repositioning of EnBW with a focus on renewable energies and smart infrastructure solutions is a key component of its strategy.
Half of the EnBW generation portfolio will be comprised of renewable energies by 2025.
bp’s purpose is to reimagine energy for people and our planet.
It has set out an ambition to be a net zero company by 2050, or sooner, and help the world get to net zero, and recently announced its strategy for delivering on that ambition. This strategy will see bp transform from an international oil company producing resources – to an integrated energy company providing solutions to customers.
bp already has a significant onshore wind business in the US with a gross generating capacity of 1.7GW, operating nine wind assets across the country.
Since setting its new strategy in August 2020, bp had already formed a partnership with Equinor to develop offshore wind projects in the US, including the Empire Wind and Beacon Wind projects off the East Coast that have a planned potential 4.4GW generating capacity.
To date, these projects have been selected by New York to supply 3.3GW of power to the State, underpinning the commercial attractiveness of the investments.