Northland Power has finalized a five year contract for power purchase (PPA) with Shell Energy Europe, which encompasses nearly one third of the electricity generated by the 332MW Nordsee One offshore wind facility. Nordsee One spans about 41.3 square kilometers in the North Sea within Germany’s exclusive economic zone, having been launched in December of 2017.
Northland Power possesses an 85% share in this venture, while RWE Offshore Wind controls the remaining 15%.
With 54 turbines in operation, Nordsee One generates sufficient electricity each year to power over 400,000 homes.
Currently, the wind farm functions within the guidelines of the German Renewable Energy Sources Act, which is anticipated to decline in 2027. According to the new PPA, Shell will obtain renewable energy from Nordsee One for five years, aiding the company’s aims for energy transition. Christine Healy, President and CEO of Northland Power, remarked: “We take pride in providing Shell with energy that furthers their energy transition ambitions. Our Nordsee One offshore wind project contributes renewable electricity to Europe, and we are utilizing this capability to keep delivering value from our assets.”
Northland Power is dedicated to promoting the global energy transition by developing and managing a variety of energy infrastructure assets. Its headquarters are located in Toronto, Canada, and it has operations in seven countries. The organization possesses ownership or financial interests in 3.5GW of gross operational generation capacity, has 2.2GW in the construction phase, and holds a developmental pipeline of roughly 9GW of prospective capacity. Earlier this February, construction began on the Baltic Power offshore wind farm, which is a collaboration between Northland Power and Orlen Group, starting with the installation of monopile foundations in the Baltic Sea.