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EDPR, Engie committed to Scottish offshore wind project despite auction blow

The developers of the Moray West offshore wind farm in Scotland reaffirmed their commitment to the project, despite failing to secure a contract for difference in the U.K. government's latest auction.

The wind farm, being developed by a joint venture of EDP - Energias de Portugal SA subsidiary EDP Renováveis SA and Engie SA, gained marine consent in June. After missing out on a contract for difference this time, the developers are now looking to the next auction round, slated for 2021, with a view to starting construction in 2024.

"Despite this setback, it is a significant achievement to get the project to such an advanced stage in a short period of time," said Dan Finch, director of project company Moray Offshore Windfarm (West) Ltd. "We're confident that Moray West is able to become a key piece of Scotland's energy transition story."

The adjacent 950-MW Moray East project won a contract for difference in 2017's auction, which set the price of power generated at £57.50 per MWh. The most recent auction round saw nearly 5,500 MW of offshore wind projects awarded contracts at prices significantly below the market rate for electricity.