Ørsted’s Hornsea 3 and Hornsea 4 Secure Capacity in UK Allocation Round 6

Ørsted A/S has received contracts for difference (CfD) for its Hornsea 3 and Hornsea 4 Offshore Wind Farms from the UK Department for Energy Security and Net Zero (DESNZ). Hornsea 3 has secured 1,080 MW at a strike price of GBP 54.23 per MWh, while Hornsea 4 has been awarded 2,400 MW at GBP 58.87 per MWh, both in 2012 prices.

Rasmus Errboe, Deputy CEO at Ørsted, stated this outcome is a significant milestone for these projects, which will contribute to supplying renewable power on a large scale and aiding the UK's goal of reaching 60 GW of offshore wind capacity by 2030.

Duncan Clark, Head of UK & Ireland at Ørsted, emphasized the importance of maintaining this progress. He noted that offshore wind remains a key component of the UK's energy security, providing low-cost electricity to consumers.