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CIP assembles dream team for North Sea energy island

The Danish infrastructure fund has found a highly experienced group of partners to work with on establishing the upcoming energy isle in the North Sea.

The energy island | Photo: CIP

A set of veteran contractors, MT Højgaard, Boskalis, Deme and Acciona, have been selected to help set up Denmark's forthcoming energy island in the North Sea. As a team, these players are going by the name of NJORD.

With a new agreement in place, Copenhagen Infrastructure Partners has come closer to manifesting the major project.

"Copenhagen Infrastructure Partners has thoroughly screened the most experienced experts and the world’s best-suited contract partners for the Energy Island project. We are confident that the NJORD Group offers the experience and capabilities needed for a successful project execution in a safe and reliable manner, even in a harsh marine environment far offshore," writes CIP Partner Thomas Dalsgaard in a press statement.

CIP is functioning as project developer on behalf of an investor consortium dubbed Vindø (wind island), comprised of domestic pension companies PensionDanmark and PFA alongside cooperative power utility Andel.

Assembling the NJORD group followed an 18-month process of CIP thoroughly screening the market, and the developer seems well satisfied with its selection.

"We are very pleased to enter into this partnership with such a strong set of partners," Dalsgaard says.

The North Sea energy island will be installed at a site 80-100 kilometers from the Danish coast. Beyond adding 10GW of offshore wind capacity to the nation's energy mix, the island is also meant to serve an innovation zone with potential for large-scale energy storage and Power-to-X technologies.

Photo: CIP
Photo: CIP

The energy island is said to be the country's biggest infrastructure project to date. According to the Danish Ministry of Climate, Energy and Utilities, the undertaking's establishment costs total DKK 210bn (EUR 28.24bn). The setup will entail building an artificial embankment to support hardware for combining and distributing electricity from nearby offshore wind farm.

"In reality, the wind island is a combination of two things we know very well: artificial islands and wind turbines. Now we have a really good solution for executing this island," Dalsgaard says:

"Of course, many things must be though through and coordinated, and there are always risks, of course,  but we are very confident that the consortium we have found can handle the task."

CIP will continue work on other aspects of the establishment process – as well as delegating jobs.

The Danish Energy Agency is currently underway with potential bidders for the energy island, expected to begin in 2022, and CIP intends to bid for development rights in the coming tender.

(This article was provided by our sister media, EnergyWatch.eu)

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