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Offshore Wind Farm in Estonia Secured by CIP and Ignitis for Development

Written by Paulo Nogueira

Published on 17/01/2024 at 09:49

Oil and Gas

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CIP And Ignitis Renewables Win Auction In Estonia For Offshore Wind Power Installation.

Aker Offshore Wind won an auction to build an offshore wind farm off the coast of South Korea as part of the country’s plans to increase the share of renewable energy in its energy matrix.

Aker Offshore Wind’s proposal was US $ 1.6 billion for the adjacent maritime area of Ulleungdo, securing the rights for the development of an offshore wind facility, with the expectation that the energy generated by winds at sea will significantly contribute to the country’s ocean renewable energy production.

The Maritime Area Of Liivi 1 And Liivi 2

Located in the Gulf of Riga, northwest of Ruhnu Island, near the Estonian Baltic Sea coast, the maritime area of Liivi 1 and Liivi 2 covers a total of approximately 193 km2.

ARTICLE CONTINUES BELOW

Potential Offshore Wind Capacity

Although the theoretical potential capacity of both sites is estimated at 2.3 GW, depending on the results of the environmental impact assessment, site optimization, as well as other factors, the actual capacity of offshore wind energy is expected to be between 1 and 1.5 GW.

Operation Forecast For 2035

The project is expected to be operational around 2035, said the partners.

Electronic Auction

The auction took place electronically from January 11 to 17, 2024. The Estonian Consumer Protection and Technical Regulatory Authority (CPTRA), which organized the auction, is expected to officially confirm the winner within three business days after the announcement of the auction results.

The maritime area of Liivi 1 and Liivi 2 is located in the Gulf of Riga, northwest of Ruhnu Island, near the Estonian Baltic Sea coast, covering a total of approximately 193 km2.

The project is expected to be operational around 2035, said the partners.

Development Of Offshore Wind Energy

The development of offshore wind energy in the maritime area of Liivi 1 and Liivi 2 marks a significant advancement in ocean renewable energy generation in Europe. The competitive auction attracted proposals from various companies interested in the installation and operation of offshore wind farms in this region.

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Offshore Wind Farm in Estonia Secured by CIP and Ignitis for Development

CIP And Ignitis Renewables Win Auction In Estonia For Offshore Wind Power Installation.

The Maritime Area Of Liivi 1 And Liivi 2

Potential Offshore Wind Capacity

Operation Forecast For 2035

Electronic Auction

Development Of Offshore Wind Energy

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Offshore Wind Farm in Estonia Secured by CIP and Ignitis for Development

CIP And Ignitis Renewables Win Auction In Estonia For Offshore Wind Power Installation.

The Maritime Area Of Liivi 1 And Liivi 2

Potential Offshore Wind Capacity

Operation Forecast For 2035

Electronic Auction

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Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

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