BKW and OWP Butendiek, a northern Germany offshore wind farm, have agreed to a long-term PPA wherein BKW will draw roughly 200 GWh yearly from the undertaking.
Beginning in July, BKW will buy 18% of the Butendieksite undertaking’s complete 288 MW manufacturing at a set value, averaging roughly 200 GWh per yr.
This PPA allows BKW to develop its renewable vitality portfolio and provide clients with clear electrical energy. By buying electrical energy at a set value over a number of years, BKW strengthens the funding safety of producers and allows the financing of latest renewable vitality initiatives, says the corporate.
“It’s good to see our portfolio growing and that we’re enjoying an more and more vital position within the PPA market,” says BKW’s Amanda Niklaus. “We’re happy to enter the offshore wind market with this settlement, inserting us as a severe PPA counterparty.”
”This PPA is good because it offers us with extra funding and planning safety over a few years,” provides Butendiek’s Björn Nullmeyer. “It has been a robust cooperation which is essential to us. We’re happy with the negotiations with BKW and sit up for the continued collaboration.”
