EQNR - Equinor SSE set to expand Dogger Bank wind farm

Norway's Equinor ( NYSE: EQNR ) and the U.K.'s SSE Renewables ( OTCPK:SSEZY ) ( OTCPK:SSEZF ) said Monday they are considering options for an expansion of their Dogger Bank wind farm offshore project off the British coast by 1.32 GW.

The companies said they are considering either supplying power from Dogger Bank's Phase 4 to the grid, or using it as a dedicated source for hydrogen production.

The grid connection option under consideration would see Phase 4 feeding electricity into the grid through a connecting point in Lincolnshire, where National Grid ( NGG ) is installing new network infrastructure in response to the U.K. Government's goal to generate 50 GW of offshore wind by 2030.

The second option would involve using the electricity produced by Phase 4 to generate green hydrogen at a dedicated electrolysis facility in the Humber region; the facility, if developed, could become the U.K.'s largest green hydrogen project.

The first three stages of the Dogger Bank wind farm, known as A, B and C, are currently under development with a planned total capacity of 3.6 GW, enough to power 6M British homes.

Equinor ( EQNR ) and BP recently submitted a joint bid to build a second stage of their Beacon Wind project off the coast of New York .

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