A vast wind farm in the Thames Estuary took a decisive step forward today as a consortium including Barclays was appointed as the preferred bidder for its high-voltage power link.
Blue Transmission, a consortium which also includes the Australian infrastructure fund Macquarie Capital and Mitsubishi Corporation, has been selected by energy regulator Ofgem to own and operate the multi-million-pound transmission link that will transport power from the London Array offshore wind farm in the Thames Estuary. The wind farm, which will be the world’s biggest, is being developed by Dong Energy, E.ON and Masdar and will eventually supply enough electricity to power a quarter of London’s homes.
The first phase of the project will use 175 turbines to generate 630 megawatts of power — equivalent to a small gas or coal-fired power station and enough to supply 470,000 homes. The second phase will bring the total to 217 turbines, giving enough power for 470,000 homes.
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