Production-impacting effects on wind farms lead to target tweaks at Orsted
Orsted has lowered the long-term financial target for its next UK offshore wind farm – and six others in the global portfolio – as it addresses “underestimated factors” impacting on production.
Hornsea Two, on track to be built out from the Humber by the first half of 2022, has had half a per cent shaved off its anticipated rate of return of 7.5 to 8.5 per cent, as blockage and wake effects on…