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Evonik and EnBW ink PPA for He Dreiht wind farm

By: Tom Russell 03/11/2022 EnBW

General Windfarms

Evonik, a specialty chemicals company, has signed a long-term power purchase agreement (PPA) for wind energy with the energy supplier EnBW. The PPA provides Evonik with 100 MW of electricity per year from the new 900-MW He Dreiht wind farm in the German North Sea.

The agreement will enable Evonik to cover around a quarter of its electricity needs in Europe with renewable energy from 2026 on. EnBW will supply the green electricity over a period of 15 years. Since chemical production requires a constant energy supply, Evonik will compensate for fluctuations of the wind energy feed-in through its own balancing group management.

"Together with EnBW, we are accelerating the implementation of our ambitious sustainability strategy. We are becoming less dependent on fossil fuels and their price fluctuations," said Christian Kullmann, CEO of Evonik. "Clearly, the less fossil and more green energy we use, the better the future opportunities for our German and European sites will be."

"The green electricity from the new offshore wind farm is a very important lever for our goal of reducing greenhouse gas emissions," said Thomas Wessel, responsible for sustainability on the Executive Board. "Today, 27 percent of Evonik's externally purchased electricity worldwide already comes from renewable sources. Implementing the PPA with EnBW significantly increases this share to more than 40 percent."

He Dreiht is being developed as a subsidy-free wind farm, and was awarded grid connection agreement in the German capacity auction held in April 2017. The 900 MW project is located approximately 85 km north of the Borkum Island and 95 km to the west of the Helgoland Island. Its operation and maintenance will be conducted from EnBW's base in Emden. Full commissioning of the wind farm is expected in the second half of 2025. It will feature 64 wind turbines, each with a 15 MW capacity.

As a central instrument of the energy transition, PPAs are becoming increasingly important according to EnBW management board member Georg Stamatelopoulos. He said: "We can only achieve the energy transition together. PPAs are a tool for this. They help companies to achieve ambitious climate targets and enable developers of renewable energy projects to obtain reliable financing. This way, the economy and the climate both benefit."

"With Evonik, we have gained another strong partner for our He Dreiht offshore wind farm."

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Evonik and EnBW ink PPA for He Dreiht wind farm

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