4C Offshore Empowering Intelligence

DONG Energy invests £6 billion

4C Offshore | Tom Russell
By: Tom Russell 18/11/2015 DONG Energy
DONG Energy will invest £6 billion (€8.56 billion) in the Humber region over the period of 2013 to 2019 according to a new report. The Impact of DONG Energy Investments in the Humber Area has been produced by Regeneris Consulting, an independent economic development and generation consultancy.

The report shows that Over the period 2015 – 2020, DONG Energy will support an average of 1,600 construction jobs per year in the Humber in addition to 500 long-term jobs created from DONG Energy's operations and maintenance activity from 2020 onwards. The company's offshore wind farms in the Humber will meet the electricity needs of over 1.5 million homes once future projects are fully operational. £1.2 billion potential Gross Value Added (GVA) could be secured by the Humber from 2010 – 2030 as a result of investments.

Brent Cheshire, DONG Energy's UK Country Chairman, said:
"Our £6 billion of investment in the Humber by 2019 is creating long-term high-skills jobs, supporting a thriving UK supply chain and helping the region continue as a hub for the UK's renewable energy sector.

"Along with other offshore wind companies, we are making a major contribution to the development of the Northern Powerhouse, building strong local economies for years to come.


"The UK is our largest market for offshore wind and we are honoured to be part of the significant growth of the Humber. We see an exciting future in the region with great opportunities for local businesses and people."


Lord Haskins, Chair of the Humber Local Enterprise Partnership, said:
"I welcome this report, which shows the impact of DONG Energy's investments on the Humber. The report is a further demonstration of how investment in the offshore wind sector can have a positive effect on local communities and the economy – in the Humber, as the UK's energy estuary, and in the country as a whole.

"We look forward to further such reports as the industry grows and will continue to do all we can to support it."


The report highlights that DONG Energy's involvement in the Humber has been supportive of a number of wider developments as well, such as the construction of the Siemens wind turbine factory in Hull, making the region a major hub for the offshore wind industry.

DONG Energy currently has two offshore wind farms in operation on the East Coast.  The Lincs and Westermost rough wind farms meet the electricity needs of over 340,000 homes. Two further projects (Race Bank and Hornsea Project One) are under construction or in development and once they are operational, DONG Energy offshore wind farms in the region will meet the electricity needs of over 1.5 million homes.

DONG Energy has also acquired the lease for the rest of the Hornsea offshore wind development zone and if built, Hornsea Project Two and Hornsea Project Three could deliver a further 3 gigawatts (GW) of offshore wind power, and additional investment into the Humber region beyond 2019.

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