DONG Energy sells Walney wind farm stake
COPENHAGEN, DENMARK - Danish state-controlled oil and gas group DONG Energy said it signed a deal to sell 25.1 percent of its Walney offshore wind farm to Scottish and Southern Energy.
SSE will pay up to around 39 million pounds (US $62.5 million) for the stake in the 367 megawatt farm in the Irish Sea, of which around 17 million pounds is subject to operational performance, the Danish utility said in a recent statement.
SSE will pay a pro rata share of construction costs, said DONG Energy, which will keep the remaining 74.9 percent stake.
DONG Energy expects the cost of constructing Walney to total just under 1 billion pounds ($1.6 billion). The wind farm is expected to enter commercial operation in two phases in 2011.
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Duke Energy Florida to build its largest battery storage projects yet
ST. PETERSBURG - Duke Energy Florida (DEF) has announced three battery storage projects, totaling 22 megawatts, that will improve overall reliability and support critical services during power outages.
Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)
Collectively, the storage facilities will enhance grid operations, increase efficiencies and improve overall reliability for surrounding communities.
They will also provide important backup generation during power outages, a service that is becoming increasingly important with the number and intensity of storms that have recently impacted the state.
As the grid manager and operator, DEF can maximize the versatility of battery technology…
