Burnham lauds £12bn offshore wind investment as he prepares for climate summit
Summary
The UK government announced a £12bn investment by RWE and KKR in two offshore windfarms off Norfolk, with an additional £1bn from the National Wealth Fund. The projects are expected to start construction early next year and supply power by 2030, as the government faces criticism over its approval of the Jackdaw gasfield and rejection of a large solar project.Key Facts
- The investment will fund the Vanguard West and Vanguard East offshore windfarms off the Norfolk coast.
- RWE estimates the projects will generate about 2.8 gigawatts of electricity, enough to supply 3 million homes.
- The windfarms are expected to create or support 2,300 jobs each year during construction and 100 permanent jobs once operational.
- The government said the investment was believed to be the largest of its kind in UK history.
- SSE said the latest phase of its Berwick Bank B windfarm project would support 2,600 existing jobs.
- The government approved the Jackdaw gasfield, a decision that drew criticism from Labour MPs and environmental campaigners.
- Energy Secretary Miatta Fahnbulleh rejected the £800m Botley West solar project, which developers said could power 330,000 homes.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.