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Renewable energy

Orsted Signs Lease Agreement for Hornsea 3 Offshore Wind Farm at Port of Tyne

Strategic Insights

— 1 min read

Ørsted, a global leader in offshore wind energy, has signed a lease agreement for up to 100,000 square meters at the Port of Tyne, one of the UK's major deep-sea ports. This site will be fundamental to the construction and completion of the 2.9 GW Hornsea 3 Offshore Wind Farm, which, once complete, is expected to be the world's single largest offshore wind farm. The project will generate enough green energy to power over 3 million UK homes, boosting energy security and delivering local and national economic growth through supply chain investment.

Key Takeaways:

  • Ørsted will use the Port of Tyne to marshal secondary steel components for the project before each unit is loaded onto the Wind Orca, a state-of-the-art jack-up vessel owned by Cadeler.
  • The project is expected to be completed by 2026 and will be the world's single largest offshore wind farm once finished.
  • Ørsted has partnered with industry-leading companies, including Severfield and Smulders, to deliver the 197 offshore wind turbines needed for the project.
  • The project will generate enough green energy to power over 3 million UK homes and boost energy security.
  • The Port of Tyne will be fundamental to the construction and completion of the Hornsea 3 Offshore Wind Farm.
  • Ørsted has a 10.2 GW installed offshore capacity and 8.1 GW under construction, with a total installed renewable energy capacity exceeding 18 GW.
  • The project will deliver local and national economic growth through supply chain investment, creating highly skilled jobs that will sustain communities for generations.

Statistics:

  • 100,000 square meters: The area Ørsted has leased at the Port of Tyne for marshalling secondary steel components.
  • 2.9 GW: The capacity of the Hornsea 3 Offshore Wind Farm.
  • 3 million: The number of UK homes that will be powered by the Hornsea 3 Offshore Wind Farm.
  • £8.5 billion: The total investment for the Hornsea 3 Offshore Wind Farm.
  • 100,000: The number of square meters Ørsted has leased at the Port of Tyne.
  • 197: The number of offshore wind turbines needed for the project.
  • 2026: The expected completion date for the project.

Sources:

  • Orsted Original Press Release: Sept. 25
  • Hornsea 3 Offshore Wind Farm (https://hornseaproject3.co.uk/)
  • Port of Tyne (https://www.portoftyne.co.uk/)
  • Orsted (orsted.com)
  • Contify.com (Copyright 2017)

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