Super wind power project floating off the coast of Iceland provides green electricity for the UK worth 30 billion USD

Upstream news website reported on May 21 that Hecate Wind Corporation, based in Chicago, USA and Independent Power Corporation (IPC) – UK, cooperated to implement the Hecate Independent Power Atlantic (HIP Atlantic) project with a total value of £30 billion (£21 billion) to build a floating wind farm in the North Sea to supply Britain with electricity via an undersea cable. This is the most ambitious megaproject ever in the global offshore wind energy sector.

Super wind power project floating off the coast of Iceland provides green electricity to the UK worth 30 billion USD. Photo: North Coast of England/Documentary. The HIP Atlantic project, which aims to deploy 10 GW turbines offshore the UK, is a joint venture involving Spanish oil and gas company Repsol. This project is the result of cooperation between two groups of UK and US. IPC Group is an Anglo-American joint venture based in the UK, specializing in the development of international gas plants. Hecate Wind is part of Hecate Energy, a company owned by Hecate Holdings that develops solar and electric batteries, in which Spanish oil and gas company Repsol has just acquired a 40% stake to increase its footprint in the industry. renewable energy sector. The press release about the mega-project says that HIP Atlantic will be “completely under the control of the UK electricity system operator”, being “the first wind farm on overseas waters”. According to the plan, the first phase is to build a 4 GW wind farm connected to the UK electricity grid and two single 1 GW wind farms, hundreds of kilometers south of British waters. and in the east of Iceland. The investors of the HIP Atlantic project said that the first 2 GW could be put into operation from 2025. HIP Atlantic expects the first phase of the project to create 15,000 new jobs in the UK and 500 new jobs in the UK. Iceland. Expand the offshore wind energy area. Project Chairman Tony Baldry, former UK Energy Secretary, said the HIP Atlantic project implements British Prime Minister Boris Johnson’s vision to attract investment and create jobs in the North of England, as part of of the ambitious policy of making Britain a world leader in offshore wind energy; We will expand the UK wind power sector beyond traditional water, extending the frontiers of current cable technology for power generation within 1,000km of land-based grid points. his”. Floating offshore wind farms are the British agenda. The UK has set a target of 1 GW of energy from floating offshore wind farms by 2030, as part of the 30 GW target plan for offshore and seabed wind.