Britain granted preliminary licences for both proposed projects more than a decade ago, when an overlap of about 110 sq km on the sea floor wasn't seen as posing an insurmountable obstacle to either technology, according to planning documents reviewed by Reuters, the companies involved and UK authorities.
BP is unwilling to switch to a costlier boat-free monitoring system and Orsted to cede territory, with both saying such concessions would hit their commercial prospects. Britain's eastern seaboard, which boasts the favourable geological formations for carbon storage and the shallow waters for fixed-bottom offshore windfarms, is shaping up to be a key battleground for the competing green technologies in coming years, they said.
BP, Orsted and Crown Estate told Reuters they had been discussing solutions to coexistence for several years, though they didn't comment on how their views had evolved over the past decade on the overlap risks associated with the technologies. "It is not realistic for any new robust and reliable solution to come forward within this or a comparative timescale," it said in a March 2022 submission to UK authorities. "NEP will be unable to attract debt financing if the risks attached to the project's financial viability are high," it added in another March 2022 submission.
Such nonsense.
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