RWE Supply & Trading and Ocean Breeze Energy have entered into a long-term power purchase agreement for the clean energy produced from the 400 MW BARD Offshore 1 located at the German North Sea.
As early as April 2023, RWE Supply & Trading will market the wind farm’s electricity production under the direct marketing scheme. From 2026, the wind turbines are to be gradually switched to a fixed price regime with the contract running until 2030.
The wind farm is located 100 km off the German North Sea coast, north of the island of Borkum. It features 80 wind turbines which generates enough green energy to meet the electricity needs of around 463,000 households. Ocean Breeze Energy is a pioneer in the German offshore industry with the BARD Offshore 1 wind farm having been commissioned back in 2013.
In the future, the wind farm’s electricity will be used to produce green hydrogen by means of electrolyzer projects currently under development by RWE as well as for the supply of green electricity to RWE Supply & Trading’s customer base.