EDF Group has bought a 50% interest in the Codling
offshore wind farm project in Ireland, acquiring the stake from Hazel Shore.
The EDF Group's subsidiary EDF Renewables, dedicated to wind and solar
energy across the globe, will now partner with Fred. Olsen Renewables Ltd,
which already owns 50%, to develop and build this project.
project is located south of Dublin, 13 km off the coast of County Wicklow
thus benefitting from the favourable conditions for offshore wind off the
east coast of Ireland. The initial development work started in 2003. Codling
is spread across two sites, one of which, Codling 1, is consented. As an
indication, the capacity of the project should be around 1 GW of installed
This acquisition comes after the Irish Government set out the country’s
clear commitment to reduce carbon emissions. In July 2019 it adopted a
Climate Action Plan which specifies, among other things, to grow renewables
in order to provide 70% of electricity generation by 2030. Offshore wind
is expected to deliver at least 3.5 GW in support of reaching this target.
Over the next couple of years, project development will continue with the
intention that Codling will make a contribution to achieving the Irish
Climate Action Plan targets.
Bruno Bensasson, EDF Group Senior Executive Vice-President Renewable Energies
and Chief Executive Officer of EDF Renewables said: “We are very pleased
to join the Codling offshore wind project in partnership with Fred Olsen
Renewables. We are committed to contributing to the Irish government’s
renewables goals. This important project clearly strengthens our strong
ambition to be a leading global player in the offshore wind industry. This
is consistent with the CAP 2030 strategy that aims to double EDF’s renewable
energy generation by 2030 and increase it to 50 GW net.”I
EDF Renewables has a portfolio of offshore wind projects that exceeds 6
GW. Its projects are located in the United Kingdom, France, Belgium, Germany,
China and in the United States.
Matthieu Hue, CEO EDF Renewables UK and Ireland said, “This is a very
exciting move for us and we are really pleased to have arrived in Ireland.
It is a country which has strong commitments to renewables and we are keen
to support Ireland’s energy and climate ambitions. We already have an
office in Dublin and are looking for further renewables projects to add
to our growing portfolio.”
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