Elanora Offshore plans 5GW of offshore wind power in Australia
Transactions - AUGUST 23, 2023

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Elanora Offshore plans 5GW of offshore wind power in Australia

by Andrea Zander

Elanora Offshore has plans to build a 5-gigawatt (GW) offshore wind energy project in the Gippsland region, off the coast of Victoria, in southeastern Australia.

The consortium, led by Elanora Offshore, consists of EnergyAustralia, Respect Energy, Polpo Investments, KIMAenergy and Boskalis.

The Elanora Offshore project is expected to be operational by 2032, while the second phase will be completed by the end of 2034. When operational, the project will provide enough clean energy to meet up to 40 percent of Victoria’s energy needs and will offset more than 600 million tonnes of carbon emissions over the life of the project.

In December 2022, Australia announced that the Bass Strait off Gippsland would become the country’s first offshore wind zone.

The area covers 15,000 kilometers (9,320 miles) and has the potential to generate 10GW of wind power annually. The state of Victoria aims to generate around 2GW of offshore power by 2032, 4GW by 2035 and 9GW

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