Find out more about Ørsted's impact in the Humber region here; to see how Offshore wind projects bring extensive economic, social, and environmental benefit.
The Mooir Vannin Offshore Wind Farm presents a unique opportunity for the Isle of Man
Once built the project will:
- Deliver operational lifetime financial benefits to the Island in the region of £2 billion based on the current project parameters.
- Provide £22.5 million from a Community Investment Fund, that’s £1.5m a year for the first 15 years of operation.
- Support the Island’s energy security and energy independence goals with options to build an Island Link directly connecting wind turbines to the island or cheaper wholesale electricity through the existing Manx 1 Interconnector
- Create new, long-term, well-paid, Isle of Man-based jobs with a new on-Island Operations & Maintenance base.
- Support the Island’s UNESCO Biosphere, net-zero, climate change & sustainable finance strategies.
- All wind farm costs including development, construction, operations, and decommissioning would be fully funded by Ørsted.
Delivering benefits for the Isle of Man: Delivering benefits
View our Benefits map here