The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded Ørsted a contract for difference for its Hornsea 3 offshore wind farm. With a capacity of 2,852 MW, Hornsea 3 will produce enough low-cost, clean, renewable electricity to power 3.2 million UK homes.
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The wind power capacity installation in the UK wind power market is expected to grow at a CAGR of more than 9% during the forecast period. The offshore wind
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