Moray East Offshore Wind farm has secured a Contract for Difference (CfD) to supply electricity to the grid at a strike price of £57.50/MWh. This represents a cost reduction of 50% since the 2015 CfD auction.
The 950 MW wind farm will be contructed in 2022/2023.
The Multi-Use in European Seas (MUSES) project is a Horizon 2020 funded project exploring the opportunities for Multi-Use in European Seas across five EU sea basins.
MUSES builds on existing knowledge to explore the real opportunities for Multi-Use in European Seas, including the scope for innovation and Blue Growth potential and to present practical solutions on how to overcome existing barriers and minimize risks associated with Multi-Use development.
There are 10 project partners from across Europe that provide both a wide geographical coverage and broad depth of knowledge/expertise, with strong links to stakeholder groups.
• Explore the opportunities for Multi-Use in European Seas, including the scope for innovation and Blue Growth potential
• Present practical solutions on how to overcome existing barriers and minimize risks whilst maximising local benefits
• Provide an understanding of environmental, spatial, economic & societal benefits of co-location