Shell Pulls Out of Two Irish Offshore Wind Projects

Image Credit: Simply Blue Energy (file photo)
Image Credit: Simply Blue Energy (file photo)

Shell has pulled out of two offshore wind projects in the west of Ireland operated by Simply Blue Group a year after the British company acquired stakes in the developments. 

Shell and Simply Blue said in a joint statement on Saturday that Shell's withdrawal from the Western Star and Emerald projects was a "portfolio decision," and Shell added that offshore wind remains a key growth area for its plans to slash greenhouse gas emissions and build up its renewable power business. 

Simply Blue said it is progressing towards a new partnership and remains "fully focused" on developing the two projects off the coast of Cork and Clare which have a joint capacity of 2.65 gigawatt (GW). 

Shell has more than 13 GW of wind capacity in operation, under construction and in the funnel of potential projects, including a 50% stake in 5 GW of floating wind projects in Scotland.

 Shell agreed to acquire in 2021 51% stakes in the Western Star and Emerald projects.

 (Reporting by Ron Bousso, Editing by Louise Heavens)

Current News

Beacon Offshore Energy Begins Production US at Shenandoah Field

Beacon Offshore Energy Begins

Harlyn Solutions Expands Market Scope with New Dutch Base

Harlyn Solutions Expands Marke

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

PTTEP Acquires Southeast Asia’

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Valeura Energy, PTTEP Partner

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine