Deutsche Bahn Signs Offshore Wind PPA in Germany

Laxman Pai
Tuesday, September 10, 2019

German railway company Deutsche Bahn AG (DB) will be purchasing about 8% of the total production of the 295-MW Nordsee Ost offshore wind farm  from 2024.

Deutsche Bahn will continue to steadily increase its purchase of electricity from renewable energy sources in the coming years. The relevant agreements for the supply of green power from the offshore wind farm Nordsee Ost between DB Energie GmbH, innogy SE and RWE Supply & Trading have been signed.

The contract will run for five years, beginning in 2024. The supplied volume comprises 25 megawatts, which is the equivalent of four wind turbines. That is eight percent of the total production of the wind farm, which consists of 48 turbines with a total of 295 megawatts.

Deutsche Bahn is already the largest green-power consumer in Germany, and the company has set itself even higher goals for the environment and the climate with its new “Starke Schiene” corporate strategy. By 2038, the entire rail power consumed by DB will be 100 percent green. The company already covers over 57 percent of its energy requirements with energy from renewables.

The share of green power in the rail power mix of DB is drawn from a broad portfolio. For example, innogy hydropower plants have been supplying DB with around 900 million kilowatt hours of green power annually since 2011. The company’s annual energy requirement is around ten terawatt hours, equivalent to the energy consumption of a city the size of Hamburg.

This contract is the first offshore wind Corporate PPA (Power Purchase Agreement) in Germany. The power is produced at the offshore wind farm for a fixed price and is used directly by Deutsche Bahn. RWE Supply & Trading acts as the contract and retail partner.

Categories: Contracts Wind Power Offshore Wind Offshore Energy

Related Stories

Oil Prices Slide as Trump Signals Pause in Iran Strikes

Murphy Oil Secures Six Offshore Israel Licenses Near Leviathan Gas Field

VAALCO Advances Côte d'Ivoire Offshore Exploration Ahead of 2028 Drilling

Aramco’s Building in Riyadh Damaged by Houthi Attack

Aker Solutions Lands Major Role in Qatar’s Offshore Oil Field Revamp

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

CNOOC Set to Restore Production at Major South China Sea Gas Field

Big Oil Pockets Near-Record Profits but Spending Restraint Signals Long-Term Doubts

TotalEnergies to Take Operatorship of Two Major Gas Fields off Malaysia

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

Current News

Singapore Seeks LNG Floating Storage Operators to Expand Bunkering Ops

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

Iran Brings South Pars Gas Platform Fire Under Control

Oil Prices Slide as Trump Signals Pause in Iran Strikes

Murphy Oil Secures Six Offshore Israel Licenses Near Leviathan Gas Field

VAALCO Advances Côte d'Ivoire Offshore Exploration Ahead of 2028 Drilling

Aramco’s Building in Riyadh Damaged by Houthi Attack

ADES Lands $117M ONGC Drilling Contracts for Two Jack-Ups

Velesto’s Jack-Up Rig Up for Drilling Job with Petronas

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com