Vattenfall wins the right to develop an offshore wind project off the German North Sea coast.
An ambitious project
Vattenfall wins the right to develop the N-7.2 offshore wind project off the German North Sea coast. The company will develop the project 85 kilometers off the German island of Borkum. The project is expected to generate fossil-free electricity equivalent to the consumption of more than one million German households.
Following a final investment decision by Vattenfall, the wind farm would be connected to the German electricity grid in 2027. The N-7.2 offshore wind project would have a capacity of 980 MW. Catrin Jung, head of offshore wind at Vattenfall says:
“This is an important step for us in Germany, as the government aims to increase electricity production from offshore wind to 30 gigawatts by 2030. Vattenfall is working to contribute to this goal through this and other potential projects. The rapid expansion of renewable energy is essential to permanently reduce Germany’s dependence on fossil fuels.”
The project was originally developed under the name “Global Tech II” by a consortium led by Strabag SE. Vattenfall was acquiring the project in 2016, but a new bidding system for offshore wind was in place. Thus, once the area was put up for auction, the company held the right of entry.
Vattenfall operates onshore and offshore wind farms in its markets. The company has a total installed capacity of approximately 4.2 GW and an annual electricity production of 11.2 TWh. In Germany, the company operates the “DanTysk” and “Sandbank” wind farms.