Ørsted Signs Offshore Wind CPPA with Google

Source: www.gulfoilandgas.com 11/30/2021, Location: Europe

Ørsted has signed a 12-year corporate power purchase agreement (CPPA) with Google, under which Google will offtake 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea.

Borkum Riffgrund 3 was the world’s first large-scale offshore wind farm to be awarded with a zero bid and is expected to go into full commercial operation in 2025. As the project was awarded without government subsidies, the CPPA with Google will contribute to providing revenue certainty for Ørsted and help mature Borkum Riffgrund 3 towards a final investment decision, which is expected by the end of 2021.

The CPPA with Ørsted will contribute to Google’s commitment of operating all their data centres, cloud regions and campuses on 24/7 carbon free energy by 2030.

Google has pioneered the concept of 24/7 carbon free energy, where every kWh of power consumption is matched by carbon-free electricity production every hour, on the grid where the electricity is consumed. Ørsted shares Google’s vision of enabling 24/7 carbon-free energy and both companies are founding members of the 24/7 Carbon-Free Energy Compact, a movement coordinated by Sustainable Energy for All and the United Nations. The power from Borkum Riffgrund 3 will bring Google a step closer to delivering on their 24/7 commitment in Germany.

Rasmus Errboe, Head of Region Continental Europe at Ørsted, said:

“We commend Google for their leading role in fighting climate change by investing in additional renewable energy, and we’re proud to contribute to their ambitious climate targets. Ørsted is continuously proving that we can support corporations across sectors and technologies with clean energy solutions. This CPPA demonstrates that offshore wind plays a critical role in enabling a 24/7 carbon-free energy solution in Europe.”

Amanda Peterson Corio, Head of Data Center Energy Development at Google, said:

“We are delighted to partner with Ørsted on this project that will help Google achieve its 24/7 carbon-free goal in Germany. We share Ørsted’s commitment for a carbon-free future, and are optimistic about the important role offshore wind can play in enabling other entities to join the 24/7 carbon-free movement.”


Poland >>  6/28/2022 - For the Czluchow wind project in northern Poland, PAK-Polska Czysta Energia sp. z o.o. has ordered 73 MW from Vestas. With this order, Vestas begins w...
France >>  6/27/2022 - A 30 MW order has been made again for Eolmed offshore wind park, a floating project 18 km off the French coasts of Gruissan and Port-la Nouvelle in th...

Sweden >>  6/27/2022 - In order to quickly transition to fossil-free fuels, starting no later than 2030, Vattenfall and Preem will now enter a feasibility phase to evaluate ...
Denmark >>  6/26/2022 - On 18 May, Denmark hosted leaders from Germany, Belgium, the Netherlands, and President of the European Commission Ursula von der Leyen at the North S...

Norway >>  6/24/2022 - Norfolk born Richard Beck spent seven years in the British Army as a Royal Engineer before transitioning into a career within the offshore wind sector...
Germany >>  6/23/2022 - In the Esbjerg Declaration in May at the North Sea Energy Summit, Germany, the Netherlands, Denmark, and Belgium agreed to jointly install at least 65...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.