Vattenfall signs new offshore wind power agreement

Vattenfall has signed one of Europe’s first power purchase agreements involving an offshore wind farm.

The Swedish energy company has finalised a deal for its upcoming Kreigers Flak project in the Baltic Sea to supply energy to two pharmaceutical companies in Denmark.

Once complete in 2021, Kreigers Flak will become Denmark’s largest offshore wind farm with a maximum capacity of 600 megawatts, enough to power around 600 thousand households. It will be located up to 25 miles from shore.

Novo Nordisk and Novozymes have both signed a long-term renewable energy deal with Vattenfall, starting on 1 January 2020. Other offshore wind farms will fill in with supplying power before Kreigers Flak is up and running.

It’s expected that the power needs of the two companies will account for one-fifth of the wind farm’s output.

"Vattenfall is the largest developer of offshore wind power in Denmark. Not least thanks to Kriegers Flak, which will be the biggest. We notice a growing demand from companies to buy exclusively renewable energy. This agreement is a result of this, and we look forward to working with Novo Nordisk and Novozymes, "said Branislav Slavic, Business Sales Nordic at Vattenfall.

Dorethe Nielsen, Head of Corporate Environmental Strategy at Novo Nordisk, said: "The agreement with Vattenfall takes us one step closer to achieving our goal: that all our production facilities around the world should be run with renewable energy by 2020”.
 
Telecoms giant AT&T recently signed a major deal to source a total of 820 megawatts from onshore wind farms in the US. The company joins a host of large corporates which have turned to renewable energy for their power needs. Google has contracts in place to source 3 gigawatts of renewable power to service its data centres and offices in the US.

 

Photo Credit: Vattenfall