Iberdrola will promote via its subsidiary Scottish Power Renewables a marine wind mega-project, called East Anglia Hub, which will add an installed capacity of 3,100 MW and involve an approximate investment of 6,500 million pounds (more than 7,600 million euros). Iberdrola’s UK subsidiary intends to combine three projects (East Anglia One North, Two and Three) into one single delivery programme. The three projects will be procured together to leverage their scale with a continuous installation programme.
The company aims to begin construction in 2022, and envisages a 4-year construction period to complete the entire East Anglia Hub.
The initial 1,400 MW (East Anglia Three) already has planning consent. Planning applications for the further 1,700 MW (split between East Anglia One <north, and East Anglia Two) have been submitted.
Overall investment required will be in the region of 6.5 billion pounds. Scottish Power Renewables hopes to confirm the major suppliers within the next 10 months.
The UK has a 2050 net zero carbon commitment and East Anglia Hub is expected to be a key part of this decarbonisation plans, regardless of whether that power will be sold via government backed contracts or private power sales arrangements.
East Anglia Two is located some 37km off the Port of Lowestoft and covers an area of 218.4km2. Initial studies have indicated a potential generating capacity of up to 900MW.
With a capacity of up to 800MW, East Anglia One North is located 36km from its nearest point to the port at Lowestoft, covering an area of 208km2.
East Anglia Three covers an area of some 305km2 which is located circa 69km from the coast of Suffolk. This summer, the UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) approved the increase in its maximum generating capacity from 1,200MW to 1,400MW.