RWE considers Galloper resurrection

UK: RWE has said it is looking in to reviving its 340MW Galloper project under the new Contracts for Difference (CfD) subsidy scheme.

Galloper would be located off the east coast of the UK

In a statement released by the developer, RWE said, "We are investigating all options in relation to the future of the Galloper project. This includes the option of progressing with the project under a CfD regime.

"This process naturally involves engaging with a number of different companies, however at this stage, no appointments have been finalised and as such, we are unable to provide any further details at this time".

The project was shevled by RWE in October, citing time constraints to secure financing under the out-going renewables obligation certificate (ROC) scheme.

RWE had planned for the project to be included under ROC. But due to a change in subsidy programmes in the UK, RWE was uncertain it would successfully gain the support and pulled back from the project.

In September, development partner SSE agreed an exit deal with RWE after it scaled back its offshore operations.

Galloper would be located 27-kilometres off the east coast of the UK, as an extension of the 500MW Greater Gabbard project.