First German Zero-Subsidy Offshore Wind Farm Starts Taking Shape
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
Offshore installation work has started at the 913 MW Borkum Riffgrund 3, the first subsidy-free offshore wind farm in Germany to reach this development phase, Ørsted, the developer of the project, said.
These two paragraphs introduce the project.
The first of the 83 monopile foundations have now been installed at the site some 53 kilometres off the island of Borkum in the German North Sea by Jan De Nul’s Lez Alizés.
The installation directly follows the foundation work in the adjacent 253 MW Gode Wind 3 project, which is being built in parallel by Ørsted in the North Sea.
Ørsted’s web site gives this history of Borkum Riffgrund 3.
Borkum Riffgrund 3 is expected to be fully commissioned in 2025. It comprises three offshore wind projects which were originally awarded to Ørsted in auctions in 2017 and 2018 under the names of Borkum Riffgrund West 1, Borkum Riffgrund West 2 and OWP West. The three projects were renamed in September 2019 and will be built as one joint project under the name of Borkum Riffgrund 3.
Borkum Riffgrund 3 was awarded without subsidies to Ørsted. A number of companies across IT, retail and the chemicals industry have signed corporate power purchase agreements for Borkum Riffgrund 3.
If Ørsted is doing this in Germany, how come, we are not seeing more subsidy-free wind farms in Europe?
These two paragraphs from the article give a partial explanation.
After commissioning in 2025, a large part of the electricity generated by the wind farm will be used for the decarbonization of the industry – through the so-called Corporate Power Purchase Agreements (CPPAs). For the project, long-term power purchase agreements were concluded with the companies Covestro, Amazon, the Energie-Handels-Gesellschaft/REWE Group, as well as BASF and Google.
Shares for Borkum Riffgrund 3 were also sold to an institutional investor well before construction. In October 2021, Nuveen signed an agreement with Glennmont Partners to sell 50 percent of the shares in Borkum Riffgrund 3.
The article also states that Borkum Riffgrund 3 will be the largest offshore wind farm in Germany to date.
This Google Map shows the location of the German Borkum island to the North of the Dutch city of Groningen.
Note.
- Groningen is the city in the South-West corner of the map.
- Borkum is the horseshoe-shaped island at the top of the map.
There are a cluster of wind farms to the North of Borkum, which includes Borkum Riffgrund 1, 2 and 3.
The Anonymous Widower 