BP Faces Latest Test for Offshore Wind Push in U.K. Waters
- Oil major teams with EnBW to build wind farms off Scotland
- Offshore wind is key for oil companies’ plans to cut emissions
This article is for subscribers only.
BP Plc is facing a test of its green energy strategy as the company makes its latest bid to expand wind power production off Britain’s coast and prove itself a serious player in the sector.
In the latest auction of seabed rights in U.K. waters, BP partnered with German utility EnBW Energie Baden-Wuerttemberg AG for the opportunity to build about 2.9 gigawatts of wind power capacity off the Scottish coast. Earlier this year, the two companies won big at a contest to gain access to the seabed off the coast of England and Wales, a process that BP was able to secure by paying more than anyone else.