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Home » Uncategorized » RWE strikes German offshore wind power deals
Offshore Wind

RWE strikes German offshore wind power deals

reNEWS EditorialBy reNEWS EditorialJanuary 16, 20232 Mins Read
RWE strikes German offshore wind power deals

RWE has secured deals to provide 12 customers with electricity from its 295MW Nordsee Ost and the 302MW Amrumbank West offshore wind farms.

The agreements cover power supplies to 11 German industrial customers from 2025 and one large municipal utility with green electricity from 2026.

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The majority of the contracts will run for 10 years.

Depending on customer requirements they provide for direct purchase (as produced), scheduled delivery with wind farm profile (as nominated), or delivery structured as a continuous electricity load (baseload delivery).

Electricity produced at the two offshore sites was already sold based on PPAs to Deutsche Bahn in 2019, 2020 and 2021. Both facilities have been producing electricity since 2015.

With these most recent purchase agreements, all of the electricity generated by these wind farms from 2026 has been sold under contract.

The relevant agreements were signed between RWE Supply & Trading and Badische Stahlwerke, Freudenberg group, Infraserv Hochst, Mainova, Messer, Schott, Telefonica, Verallia, Vodafone, Wacker and ZF.

Ulf Kerstin, CCO of RWE Supply & Trading, said: “The great interest of our customers in these power purchase agreements shows how important carbon-free electricity has become for German industry.

“With these long-term contracts we are ensuring planning security for both parties and helping Germany to remain competitive as a location for production. We are preparing to market further electricity from offshore wind farms that are under development to supply industrial customers with high-quality green electricity.”

Amrumbank West Germany Nordsee Ost Offshore Wind power deal Renewable energy news RWE supply wind farm
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