Orsted counts Q1 2022 cost of delayed commissioning at 1.3-GW Hornsea Two
April 29, 2022 Comments Off
Delayed commissioning at the 1.3-GW Hornsea Two offshore wind farm off the UK’s Yorkshire coast has led to a DKK1.6 billion ($230 million) hedging loss, Danish developer Orsted said in a first quarter 2022 results statement April 29. With UK spot power prices averaging GBP181.72/MWh April to date, according to data from S&P Global Commodity Insights, any outage is costly…
Orsted counts Q1 2022 cost of delayed commissioning at 1.3-GW Hornsea Two
Delayed commissioning at the 1.3-GW Hornsea Two offshore wind farm off the UK’s Yorkshire coast has led to a DKK1.6 billion ($230 million) hedging loss, Danish developer Orsted said in a first quarter 2022 results statement April 29. With UK spot power prices averaging GBP181.72/MWh April to date, according to data from S&P Global Commodity Insights, any outage is costly…
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