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Statkraft defies UK headwinds

Onshore market remains of interest despite post-subsidy challenges

Statkraft defies UK headwinds image

Statkraft remains interested in the UK onshore wind sector despite the headwinds currently facing the market.

The Norwegian energy company said following fourth quarter results that the current situation is “challenging” but that it was keeping the door ajar and seeking what opportunities it can find.

“The focus going forward is to ensure cost-efficient operation and maintenance of wind parks in the UK in addition to exploring incremental business development opportunities.

“There is a strong need for new energy and good wind resources available, but limited development of new projects is expected as the previous support scheme has been terminated.

Statkraft said it will nevertheless “carefully explore new opportunities for onshore wind projects, taking among other things the regulatory development into consideration before entering any financial commitments”.

Image: Statkraft has a number of operational assets in the UK (Statkraft)

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