E.ON and Masdar have joined forces to partner in the London Array offshore wind farm project – which, when built, will be the world’s largest offshore scheme. The two partners will also extend their relationship further and intend to work together across a range of potential projects that will complement their existing renewable energy strategies.
Masdar has entered into the London Array scheme through a joint venture agreement with E.ON, which currently owns half of the landmark project. DONG Energy owns the other half. Under the agreement, Masdar has purchased 40 per cent of E.ON’s half share of the London Array scheme, giving Masdar a 20% stake in the project overall. Masdar will become an important shareholder in the project which could significantly expand the UK’s renewable energy capacity.
The agreement signed today in London brings together the two successful companies’ complementary resources and experience to partner with each other on a wide range of renewable energy projects. Initially, the focus of the agreement will be on wind power and the UK’s London Array project. As the partnership develops over the coming months, the companies expect to be able to announce a series of exciting projects across the broad spectrum of renewable energy. Early discussions about potential projects have focused on the area of carbon emission reduction. Both companies would look to jointly develop JI/CDM projects that would reflect both parties’ technical expertise in these areas.
E.ON CEO Dr. Wulf Bernotat said: “The London Array offshore wind farm scheme is a pioneering project and marks a significant increase in scale for offshore wind farms in the UK, and also for E.ON. We welcome the Government’s continued support for the London Array scheme as we move forward with our partners to realize this important project. As with all major steps forward in our industry, the project will raise important challenges and the lessons we learn will be vital for the development of the next generation of offshore projects. We have secured in Masdar a strong partner to work with us on the London Array scheme and on future renewable energy projects which will help push the industry to its next stage. With this aim, E.ON plans to invest €6 billion by 2010 to help move renewable energy projects from boutique to an industrial scale.”
“London Array is an important investment for Masdar into the wind sector. We believe that the offshore wind market will be a major force in the future and this is a very opportune time for us to enter this developing segment of the renewable energy market,” said Dr. Sultan Al Jaber, CEO of Masdar.
“Masdar has always had a strategy of partnering with leading companies in their field. Our partnership with E.ON is a strong testament of this philosophy and of our commitment to this industry segment. Through this project, we also hope to build a partnership with the UK government to drive the future growth of the renewable energy sector for the benefit of both our economies.”
A delegation from E.ON and Masdar will meet senior UK Government Ministers and officials later today at Downing Street to discuss the progress on the project and to reaffirm the Government’s commitment to the London Array scheme.
Prime Minister Gordon Brown said,“I very much welcome Masdar’s decision to invest in renewable energy in the UK. This is an excellent example of the partnership we need between oil producing and oil consuming countries to develop new energy sources and technologies, diversifying their economies and reducing our dependence on carbon. The scale and vision of the London Array is groundbreaking, and places the UK at the forefront of offshore wind development”.
Secretary of State for Energy and Climate Change Ed Miliband said "The London Array project, at 1000 megawatts, will be the largest offshore wind farm in the world. The UK is a world leader in offshore wind technology and, over the next decade, offshore wind will make an important contribution to meeting the UK’s renewable energy target and to the security of our energy supply. Offshore wind is a rapidly growing sector, with the potential to provide up to 70,000 new, green jobs".
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occupation Principality Sealand and Array project crash REPORT DTD. JAN. 2009 re. occupation Sealand and re. the Projekt London Array etc.
An old principle is - who's territorial and state-legal situations not assign legal situations, you have to change and always be surprises. Now Sealand was right after the state legally occupied arts - in terms of the London Array project - England was how the project management always knowing - that there are problems here can give. Now the above changes, be it regarding London Array project continued as former roughs tower Sealand, so now the former Principality Sealand state law in territorial change has been made. Michael Bates and Paddy Roy Bates, were unable to consolidate their position, you've got your problems Sealand under omission of a protest off.
Now read the facts on Sealand / Array etc. under the following link:
Report 1> http://www.king-marduk.de/viewtopic.php?t=109 Report 2> http://www.king-marduk.de/viewtopic.php?t=108
Now the London Array Ltd. / E. ON UK, their project without the State Kingdom of Marduk no longer in realization, and we recognize how long frivolous E. ON UK is positioned, while Abu Dhabi Masdar networked. England and Array project have externally England in the projected sea - which are all knowing. We have the government in London, Essex, Suffolk, parliamentarians, Port Harwich / Felixstowe, press this matter to be informed - we have the public fully documented the affair, such as the United Nations, such as the European Union. The State Kingdom of Marduk is since 2002 at the United Nations as a sovereign state proclaimed absolute monarchy, which the British royal family, as his government and many EU states aware of the European Union Commission are aware - but we must also realize the EU organization Brussels is in its functions and administration overwhelmed - which dictatorship is its reference to its inability to make their tasks.
Documented facts - now the State Kingdom of Marduk in the middle of Europe - outside the European Union, and those under the dictatorship. Now all Member States, UN Representative in New York which will receive this documentation, but four subjects, where there is no legitimacy in order to state - because there at the UN Charter which is only a state subject of free access.
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