Wind Energy – Green PPA
RWE Supply & Trading and Ocean Breeze Energy, owner and operator of the offshore wind farm BARD Offshore 1, have entered into a long-term green power purchase agreement.
As early as April 2023, RWE Supply & Trading will market the wind farm’s electricity production under the direct marketing scheme. From 2026, the wind turbines are to be gradually switched to a fixed price regime. The contract runs until 2030.
The wind farm is located 100 km off the German North Sea coast, north of the island of Borkum. Its 80 wind turbines have an installed capacity of 400 megawatts (MW), enough to meet the electricity needs of around 463,000 households.
Ocean Breeze Energy is a pioneer in the German offshore industry with the BARD Offshore 1 wind farm having been commissioned back in 2013. In the future, the wind farm’s electricity will be used to produce green hydrogen by means of electrolyser projects currently under development by RWE as well as for the supply of green electricity to RWE Supply & Trading’s customer base. Thus, RWE and Ocean Breeze Energy are contributing to the climate-friendly energy transition of various industries and the transport sector.
