Vattenfall Will Tender for Non-Subsidized Wind Project

Vattenfall
Wind farm construction - credit Vattenfall

By MarEx 2017-12-16 20:05:19

Vattenfall has announced its decision to participate in the world's first non-subsidized offshore wind tender.

The Hollandse Kust (Zuid) Wind Farm Zone lies to the west of the Netherlands, offshore from the province of Zuid-Holland (South Holland). The Wind Farm Zone has four sites, and the tender round will offer two 350 MW projects for development.

Vattenfall says that it is firmly committed to the green transition of Northern Europe, investing more than EUR two billion in renewable energy between 2017-2018. 

Vattenfall’s offshore unit has a portfolio of 21 North European offshore wind farms in operation and under development. The company's scope of operation covers development, installation and the selling of wind power to households and businesses. In The Netherlands, one example is Vattenfall’s recent agreement to supply renewable electricity from its wind farm Wieringermeer to Microsoft. 

The North Sea and in particular the Hollandse Kust (Zuid) site has good wind conditions, and there are significant synergies to Vattenfall’s nearby offshore windfarm Egmond aan Zee. In addition, the Dutch tender, which has to be realized in 2022, fits well with Vattenfall’s North Sea wind farm pipeline and can therefore easily be incorporated in the current procurement and execution strategy, says the company.

In 2016, Vattenfall won the Danish offshore projects Vesterhav Syd & Nord and Kriegers Flak at record low bids. The construction of these projects, which are to be commissioned no later than 2020 and 2022 respectively, are under way and recently culminated with a large order for the turbines with Siemens Gamesa further underlining Vattenfall’s ability to reduce costs.