German subsidiary has been made responsible for the overall marketing of
the power produced at the Global
Tech I wind
farm in the North Sea. Axpo Deutschland was awarded the contract at the
end of 2019 and started its work at the beginning of 2020.
Previously, the Axpo subsidiary was marketing nearly one fourth of power
produced for the German market. This corresponded to Axpo's share in the
wind farm with an installed capacity of 400 MW, in which Switzerland's
largest producer of electricity from renewable energies holds an interest
Tech I is
one of the first offshore wind farms which to be built in the German North
roughly 41km2 array is located approximately 140km northwest
of Emden in the German Exclusive Economic Zone. It is comprised of 80 AD
each with a capacity of 5 MW, mounted on tripod foundations. The project
has an installed total capacity of 400 MW and provides power for up to
445,000 households annually. It was officially put into commission late
summer 2015. The project achieved an annual utilisation rate of 42.8% in
2019. The CO2 reduction amounts to 800,000 tonnes per year in comparison
to conventional coal-fired power plants.
Johannes Pretel, Co-Head Origination Axpo Deutschland, commented: "Axpo
Deutschland was involved at GT I from the start as a marketer and was able
to gain valuable experience in the direct marketing of offshore wind power
over the years. The wind farm has steadily increased its performance over
time. When the option to market all the GT I power came up, of course,
we seized the opportunity. We are pleased that we were awarded the contract."
By marketing the entire volume of electricity from the Global
Tech I offshore
wind farm, Axpo Deutschland is preparing for the demand for corporate power
purchase agreements. As in many other European markets, Axpo is also planning
to develop its business in Germany as a broker between renewable energy
producers and consumers.
For more information on offshore wind
farms worldwide, click