Spanish power utility Iberdrola SA (IBE.MC) has plans to build 5 gigawatts in offshore wind power capacity in Europe, compared with 4.8 GW it previously announced, Chairman Ignacio Galan said Wednesday.
Spanish power utility Iberdrola SA (IBE.MC) has plans to build 5
gigawatts in offshore wind power capacity in
Europe
,
compared with 4.8 GW it previously announced, Chairman Ignacio Galan said
Wednesday.
The European parks are planned for the Irish Sea, as well as off the coasts of
Scotland, Germany, France and Spain, Galan said at a press conference ahead of
the company's annual shareholders' meeting Friday.
Galan said the construction of wind parks off the Spanish coast won't happen
soon, as there are few sites off the Spanish coast with water depth of 30 to 40
meters that are suitable for current offshore wind technology. Most of those
sites are too close to the coast and could cause visual impacts that may
disturb the tourism industry, he said.
"The technology still has its limitations in regards to sea depth,"
Galan said.
In the
U.K.
,
water depths are much lower in general and wind parks can more easily be built
at distances further away from the coast, Galan said.
The company has licenses to build offshore wind parks in the
North
Sea
off the
U.K.
with
a capacity of 7.2 GW, which it plans to build with Swedish group Vattenfall.
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