SSE's Viking Energy Wind Farm to Be Awarded a 220-MW Contract in U.K.
July 07 2022 - 3:27AM
Dow Jones News
By Michael Susin
SSE PLC said Thursday that its wholly owned Viking Energy Wind
Farm is set to be awarded a low-carbon power contract for 220
megawatts in the U.K.
The award is part of the U.K.'s fourth contract-for-difference
allocation round, the company said.
The U.K. energy group said securing the 15-year contract of 50%
of Viking's total capacity will stabilize the project's
revenue.
The 443-MW Viking wind-farm project is being built in the
Shetland Islands, and operations are expected to start in 2024, the
company said.
"Viking will be the most productive onshore wind farm in the
U.K. when it enters operation from 2024, and will play a crucial
role in decarbonizing energy supply in the Shetland Islands as well
as in Scotland," SSE Renewables Managing Director Stephen Wheeler
said.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
July 07, 2022 03:12 ET (07:12 GMT)
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