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Home » Uncategorized » Vattenfall, Air Liquide ink HKZ offtake
Offshore Wind

Vattenfall, Air Liquide ink HKZ offtake

SaraBy SaraOctober 24, 20232 Mins Read
OWC acts as lenders technical advisor on HKZ

Vattenfall and Air Liquide have signed a power purchase agreement (PPA) covering 115MW of capacity of the Hollandse Kust Zuid (HKZ) offshore wind farm, off the Dutch coast.

The PPA has been contracted over a 15-year period beginning in 2026.

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This is the second PPA of such a scale with gas producer Air Liquide, which will use the electricity to decarbonise its industrial and medical activities in the region and enable its customers to reduce the carbon content of their end products to foster a low-carbon economy in Europe.

Erik Suichies, head of wholesale customers at Vattenfall, said: “Air Liquide has ambitious sustainability targets, and we are happy we can provide them again with fossil-free electricity to help them decarbonise.

“Vattenfall is working for fossil freedom.

“Long-term contracts like these provide us with financial security and enable us to keep investing in wind and solar farms, a cornerstone in our ambition.

“The Netherlands is turning to a fossil-free future, and we want to make that a reality for our customers.”

The recently inaugurated Hollandse Kust Zuid, which is one of the first subsidy free offshore wind farms in the world, is located between 18 and 36 km off the Dutch coast, between the Hague and Zandvoort.

The 1.5GW wind farm will host 139 wind turbines.

Air Liquide HKZ Offshore Wind Vattenfall
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