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Iberdrola wins two UK offshore wind contracts

London, September 03, 2024, (Oilandgaspress) ––Iberdrola, through its UK subsidiary Scottish Power, has been awarded two contracts in the government’s sixth round of contracts for difference auctions, which will supply more than 1,000 MW of clean energy to more than one million homes.

In this way, the company will continue to develop offshore wind projects around the world, contributing to the energy transition and decarbonisation of the economy.

The contracts include East Anglia TWO, which will have a capacity of 963 MW. This new project will be located close to East Anglia ONE, which with 102 turbines produces clean energy from 2020 to supply 630,000 UK homes.

A new contract covering 158 MW of East Anglia THREE has also been awarded. In total, this project will have a capacity of 1,400 MW, which is currently under construction and will go into production in 2026, at which point it will produce emission-free energy for 1,300 homes.

With this commitment, Iberdrola supports green recovery at regional and national level and helps the government to meet its commitments to climate neutrality and independence from fossil fuels, which are also responsible for the volatility of energy prices.


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