Tag: offshore wind project

Holistic Network Design: A key step for achieving 50 GW offshore wind in the UK by 2030 

In July 2022, the country’s electricity system operator, National Grid Electricity System Operator (NGESO), released its ‘Pathway to 2030’ Holistic Network Design (HND). This is part of the government’s Offshore Transmission Network Review (OTNR) efforts to find appropriate solutions in the medium term. The HND sets out a single, integrated design to support the transmission of large-scale offshore wind generation to load centres across Great Britain.

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Offshore Wind and the US Inflation Reduction Act

The Inflation Reduction Act modifies the investment tax credit requirements for offshore wind projects, ties offshore wind leasing to offshore oil and gas leasing while also opening new areas for potential offshore wind development, and appropriates additional funds for the planning and development of interregional electricity transmission and transmission of electricity generated by offshore wind.

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