Dec. 2 (Bloomberg) — Dong Energy AS, Renewable Energy
Systems Ltd. and B9 Energy Group today said they won’t be
building their planned wind farm off the coast of County Down in
Northern Ireland due to regulatory uncertainty.
Delays to the design of the new energy market and renewable
incentives for Northern Ireland meant that the project could no
longer be built within the timeframes “likely” to be required
under new market rules, the First Flight Wind venture said today
in an e-mailed statement.
“First Flight Wind believes this to be a disappointing
outcome for all involved,” it said. “A project like this could
make a substantial contribution to Northern Ireland’s
requirements for secure and low-carbon electricity and could
provide significant local economic opportunities,.”
The project was expected to have a capacity of 300
megawatts to 400 megawatts.
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Reed Landberg at
Ana Monteiro, Randall Hackley