Shell wants back into British offshore wind

Brexit is not reducing the oil major's invest in playing an active role in the UK' offshore wind sector. This could happen via buying equity in existing projects or by the company actively participating in the coming license auction.

Photo: WindEurope

Roughly ten years back, Shell withdrew from what was at the time the world's largest offshore wind project, London Array. The oil major had concerns about the project's economic viability and thus sold its stake to the other two partners in the development consortium, Ørsted and E.ON. That cause some observers to worry that the technology might not be able to withstand another such exit.

It now appears that Shell wants back into British offshore wind. The company's vice president for wind and HSSE, Dorine Bosman, aired this possibility in early January, and the CEO of the oil company's greener New Energies division, Mark Gainsborough, is now confirming the company's ambition – irrespective of Brexit concerns.

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