SSE Renewables and Equinor, the joint venture partners co-developing the 3.6GW Dogger Bank Wind Farm in the North Sea, have announced that 15-year offtake Power Purchase Agreements have been signed for the third phase of the world’s largest offshore wind farm. Dogger Bank Wind Farm will be constructed over 130km out to sea off the north-east coast of England, where wind speeds are higher and more consistent than near to the shore. Due to its size and scale, Dogger Bank Wind Farm is being built in three consecutive 1.2GW phases; Dogger Bank A, Dogger Bank B and Dogger Bank C. Each phase is expected to generate around 6TWh of electricity annually, totalling 18TWh annually across all three phases – that’s enough renewable electricity to supply 5% of the UK’s demand and equivalent to powering six million UK homes.Separate PPAs for a total of 1.2GW for Dogger Bank C have been concluded with sponsor offtakers Danske Commodities (40% share) on behalf of Equinor and SSE Energy Supply Limited (20% share) on behalf of SSE Renewables, and also with external offtakers Centrica Energy Marketing and Trading (20% share) and Shell Energy Europe Limited (20% share). The agreements are subject to Financial Close on Dogger Bank C, which is expected by the end of 2021.Danske Commodities will have trading and balancing responsibility for 480MW while Centrica Energy Marketing and Trading, Shell Energy Europe, and SSE Energy Supply will have responsibility for 240MW each of installed generation capacity across Dogger Bank C.Dogger Bank Wind Farm secured 3.6GW of offshore wind contracts in the UK Government’s 2019 Contracts for Difference (CfD) auctions. The CfDs awarded provide overall price certainty to each phase of Dogger Bank Wind Farm for a period of 15 years.
SSE Renewables and Equinor, the joint venture partners co-developing the 3.6GW Dogger Bank Wind Farm in the North Sea, have announced that 15-year offtake Power Purchase Agreements have been signed for the third phase of the world’s largest offshore wind farm. Dogger Bank Wind Farm will be constructed over 130km out to sea off the north-east coast of England, where wind speeds are higher and more consistent than near to the shore. Due to its size and scale, Dogger Bank Wind Farm is being built in three consecutive 1.2GW phases; Dogger Bank A, Dogger Bank B and Dogger Bank C. Each phase is expected to generate around 6TWh of electricity annually, totalling 18TWh annually across all three phases – that’s enough renewable electricity to supply 5% of the UK’s demand and equivalent to powering six million UK homes.Separate PPAs for a total of 1.2GW for Dogger Bank C have been concluded with sponsor offtakers Danske Commodities (40% share) on behalf of Equinor and SSE Energy Supply Limited (20% share) on behalf of SSE Renewables, and also with external offtakers Centrica Energy Marketing and Trading (20% share) and Shell Energy Europe Limited (20% share). The agreements are subject to Financial Close on Dogger Bank C, which is expected by the end of 2021.Danske Commodities will have trading and balancing responsibility for 480MW while Centrica Energy Marketing and Trading, Shell Energy Europe, and SSE Energy Supply will have responsibility for 240MW each of installed generation capacity across Dogger Bank C.Dogger Bank Wind Farm secured 3.6GW of offshore wind contracts in the UK Government’s 2019 Contracts for Difference (CfD) auctions. The CfDs awarded provide overall price certainty to each phase of Dogger Bank Wind Farm for a period of 15 years.
