Sheringham
Shoal
will
be
the
largest
and
most
important
wind
project
in
either
company’s
stable,
with
the
total
investment
now
estimated
at
NOK
10bn
($1.5bn).
The
wind
farm
is
expected
to
produce
around
1.1
terrawatt
hours
(TWh)
of
electricity
each
year,
or
enough
to
power
220,000
UK
homes.
State-owned
Statkraft
is
Europe’s
largest
generator
of
renewable
energy
through
its
vast
hydroelectric
portfolio.
Though
the
firm
already
has
dabbled
in
onshore
wind,
“this
partnership
with
StatoilHydro
will
take
us
into
the
offshore
wind
industry
as
well”,
says
chief
executive
Baard
Mikkelsen.
The
88-turbine
Sheringham…