By RWE Renewables has signed a Power Purchase Agreement (PPA) with E.ON UK under which the company will sell 100 percent of the electricity generated by the Humber Gateway offshore wind farm from 2022 to 2035.
This includes the Renewable Obligation Certificates (ROCs) from the plant.
The deal immediately follows from the previous agreement to provide E.ON UK customers with renewable energy from the offshore wind farm, which is scheduled to expire in 2022.
“As one of the world’s leading renewable energy companies, we are committed to dedicating our energy for a sustainable life. The UK plays a key role in RWE’s strategy to grow its renewables business and to become carbon neutral by 2040. With the signing of the PPA with E.ON UK we demonstrate our ability to support electricity suppliers in providing CO2-free power to their customers.”
Tom Glover, RWE Renewables chief commercial officer and UK country chair.
“We’re fully committed to combating the climate crisis and helping the UK meet its net zero targets. Part of that is providing our customers with smart, personalised and sustainable solutions and this agreement with RWE secures yet another significant contribution to the 100% renewable electricity1 we provide to millions of customers around the country as a first step in that journey.“
Michael Lewis, E.ON UK chief executive.
Humber Gateway is situated in the United Kingdom, off the East Yorkshire coast, and was commissioned in 2015. With an installed capacity of 219 megawatts (MW), the wind farm is capable of providing renewable electricity equal to the average annual demand of nearly 300,000 UK homes. Recently, RWE divested 49 percent of Humber Gateway’s share of Greencoat. With a 51% interest in the facility, RWE continues to run the wind farm.
In the United Kingdom, RWE is currently building the Triton Knoll offshore wind farm and is designing the Sofia offshore project, both of which will extend the existing UK portfolio of RWE’s nine offshore wind farms. In addition, RWE has recently signed Lease Agreements with The Crown Estate to build extension projects in four offshore wind farms.
The business also has a large presence on the UK onshore market. By the end of 2022, RWE plans to increase its renewables portfolio to more than 13 gigawatts by spending €5 billion net. The total investment volume, along with the partners, may be up to €9 billion. To meet its growth goals, RWE has an enticing project development pipeline of more than 22 gigawatts across all strategic core regions of the organization.
E.ON is committed to carbon neutral by 2040 and is offering 100% renewable electricity as standard for its 3.4 million customers’ homes. E.ON also offers smart meters, energy-efficient boilers and solar and battery technology that can help people better manage their home energy use.
Comments