Dong decides to build 450-MW Borkum Riffgrund 2 in German waters

Danish state-owned utility Dong Energy A/S (CPH:DENERG) said on Friday it has decided to proceed with the 450-MW Borkum Riffgrund 2 wind project off the coast of Lower Saxony, Germany.

The decision to build the plant means that the company will have installed some 1.35 GW of offshore wind capacity in German waters upon its completion in the first half of 2019. Moreover, it will help the firm reach 6.7 GW of offshore wind globally and thus exceed the 2020 target of 6.5 GW.

However, to be able to actually start construction, Dong Energy will need to secure an amended consent from the relevant authority, BHS, that takes into consideration plans to use MHI Vestas’ larger 8-MW wind turbines as part of the project. The company intends to erect 56 such turbines at the project site. The original consent was given in December 2011.

In accordance with its partnership model, Dong plans to sell up to a 50% stake in the project at a later stage. The company noted that it will receive a fixed price per kWh of electricity produced at the plant over the first approximately ten years of generation.

The company inaugurated the 312-MW Borkum Riffgrund 1 wind farm in the German portion of the North Sea in October 2015.

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