AquaSector Project is a 300MW offshore wind power project. It is planned in North Sea, Schleswig-Holstein, Germany. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2028 and is expected to enter into commercial operation in 2030.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 300 | – | 300 | Announced | Schleswig-Holstein, Germany | Equinor; NV Nederlandse Gasunie; Royal Dutch Shell; RWE Renewables |
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Description
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The project is being developed by Equinor, NV Nederlandse Gasunie, Royal Dutch Shell and RWE Renewables. These companies also have ownership stakes in the project.
The project cost is expected to be around $1,222.5m.
Development Status
The project construction is expected to commence from 2028. Subsequent to that it will enter into commercial operation by 2030.
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By GlobalDataAbout Equinor
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It focuses mainly on the exploration, development and production of crude oil and natural gas on the Norwegian Continental Shelf (NCS). The company also has operations in various oil and gas provinces in the world. Equinor operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in offshore wind, carbon capture and storage, solar and hydrogen projects. Equinor is headquartered in Stavanger, Norway.
About NV Nederlandse Gasunie
NV Nederlandse Gasunie (Gasunie) is a natural gas infrastructure and transport company that provides energy infrastructure services. The company provides regulated transport services through the gas transport network in Germany and the Netherlands; and other infrastructure services. It manages and develops gas infrastructure and gas trading platforms including gas transport networks, gas storage, international transit pipelines, LNG infrastructure, and virtual gas trading platforms. Through holding interests in various trading parties, it also trades natural gas across Europe. The company also offers management and maintenance of underground infrastructural systems, construction and consultancy services. Gasunie is headquartered in Groningen, the Netherlands.
About Royal Dutch Shell
Royal Dutch Shell Plc (Shell) is an integrated oil and gas company. The company explores for and produces oil and gas from conventional fields and sources such as tight rock, shale and coal formations. It operates refining and petrochemical complexes across the world. Shell’s product offerings include lubricants, bitumen and liquefied petroleum gas; and petrochemical products such as raw materials for plastics, coatings and detergents. The company is a major producer of biofuel in Brazil. It also has interests in various liquefied natural gas (LNG) and gas to liquids (GTL) projects. The company markets its products directly and indirectly through distributors in Europe, Asia, Oceania, Africa, North America and South America. Shell is headquartered in The Hague, the Netherlands.
About RWE Renewables
RWE Renewables GmbH, a renewable company that engaged in the operation of wind farms, photovoltaic plants and battery storage facilities. The company is headquartered in Essen, Germany.
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Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
