About

Background

In early 2021, the Outer Dowsing Offshore Wind project was successful in securing Preferred Bidder status for a 1.5GW offshore windfarm in the Southern North Sea as part of the UK’s Offshore Wind Leasing Round 4.

Together, the six Round 4 projects awarded under the Round 4 leasing process, represent just under 8 GW of potential new offshore wind capacity with the opportunity to deliver clean electricity for more than seven million homes and create employment opportunities across the country.

Known as Outer Dowsing Offshore Wind, the site was chosen through a competitive seabed tender process.

It will now progress to environmental assessment known as a Plan-Level Habitats Regulations Assessment (HRA), assessing the potential impacts of the Round 4 plan on the UK national network of protected areas, covering its most valuable species and habitats.

Expected to conclude during 2022, after which the Crown Estate will then award the seabed Agreement for Lease.

 

The Project

Outer Dowsing Offshore Wind  is a 1.5GW project located approximately 54km off the Lincolnshire coast.

The project is being developed by Corio Generation (a wholly-owned Green Investment Group portfolio company) and TotalEnergies, and will be one of the UK’s largest offshore wind farms upon completion. It is anticipated to generate renewable electricity equivalent to the annual electricity consumption of over 1.6 million households and will play a critical role in achieving the UK Government’s ambition to deliver 50 GW of offshore wind by 2030 and achieve net zero by 2050.

Outer Dowsing will displace the equivalent of nearly 2 million tonnes CO2 emissions per year of operations through the generation of renewable electricity. This is also the equivalent of removing over 650,000 petrol cars from the road for the duration of the Project.

The Partners

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity.

It’s over 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity to reach 35 GW of gross production capacity from renewable sources and storage by 2025, and then 100 GW by 2030 with the objective of being among the world’s top 5 producers of electricity from wind and solar energy.

TotalEnergies is already developing a portfolio of offshore wind projects with a total capacity of more than 11 GW, of which 2/3 are bottom-fixed and 1/3 are floating.

For more information, please visit www.totalenergies.com

Corio Generation is a Green Investment Group (GIG) portfolio company, operating on a standalone basis. GIG is a specialist green investor within Macquarie Asset Management, part of Macquarie Group.

With a unique blend of sector-leading expertise and deep access to long-term capital, Corio Generation applies a long-term partnership approach to the creation and management of projects, taking them from origination, through development and construction, and into operations.

Corio Generation’s 15 GW pipeline is one of the largest in the world, spanning established and emerging markets, as well as floating and traditional fixed-bottom technologies. These next generation offshore wind projects will help form the backbone of the net-zero global energy system while meeting the energy needs of communities and corporate offtakers sustainably, reliably, safely and responsibly.

Corio Generation is a Green Investment Group (GIG) portfolio company, operating on a standalone basis. GIG is a specialist green investor within Macquarie Asset Management, part of Macquarie Group.

For more information visit www.coriogeneration.com

 

Project Milestones

The UK Government has ambitious plans to have 50 GW of operating offshore wind capacity installed by 2030 – enough to potentially power every home in the UK.

Innovation and economies of scale within the offshore wind industry have helped to significantly drive down costs whilst at the same time decarbonising the economy and generating thousands of jobs in the supply chain. The sector has supported the regeneration of a number of local coastal communities and economies through both the construction and ongoing maintenance of projects.

The new British Energy Security Strategy is now expected to further increase the number of renewables industry opportunities in the UK by supporting 90,000 jobs in offshore wind by 2028 whilst at the same time reducing our reliance on imported fossil fuels.

Outer Dowsing Offshore Wind will be one of the UK’s largest offshore wind farms upon completion. It is anticipated to generate renewable electricity equivalent to the annual electricity consumption of over 1.6 million households and will play a critical role in achieving the UK Government’s ambition to deliver 50 GW of offshore wind by 2030 and achieve net zero by 2050.

The following milestones are planned to be achieved by 2030:

  • Round 4 ‘Preferred Bidder’ status awarded (achieved)
  • Publication of Scoping Report
  • Submission of the Preliminary Environmental Information Report
  • Submission of Development Consent Application
  • Development consent granted
  • Project commissioned and contributing to UK Government’s 2030 offshore wind targets