Energy trading company Danske Commodities signed a 15-year offtake power purchase agreement (PPA) for 480 MW with the world’s largest offshore wind farm, Dogger Bank.
Under the agreement, Danske Commodities will be responsible for the trading and balancing of 480 MW.
Dogger Bank Wind Farm is owned by Equinor (50%) and SSE Renewables (50%) and is located 130 km off the coast of Yorkshire in the UK. With a total capacity of 3.6 GW, Dogger Bank is set to become the world’s largest offshore windfarm and will provide 4.5 million British households with renewable electricity.
“Signing a long-term PPA with the world’s largest offshore wind farm cements Danske Commodities’ position as a leading energy trading company. We are constantly growing our market position in the renewables space to support the energy transition with our expertise in trading and balancing,” said Danske Commodities’ CEO Helle Østergaard Kristiansen.