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November 23, 2021

Horns Rev 3, Denmark

By Carmen

Horns Rev 3 is a 406.7MW offshore wind power project. The project is located in North Sea, South Denmark, Denmark. The project is currently active. It has been developed in multiple phases. The project construction commenced in 2017 and subsequently entered into commercial operation in December 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 406.7 406.7 Active South Denmark, Denmark Vattenfall

Description

The project is developed and owned by Vattenfall. The company has a stake of 100%.

The wind turbines in the project are installed on fixed foundations. An array of monopile foundations feature in the project.

The project generates 1,780,000MWh electricity and supplies enough clean energy to power 425,000 households, offsetting 116,000t of carbon dioxide emissions (CO2) a year.

Development Status

The project is currently active. The project construction commenced in 2017 and subsequently entered into commercial operation in December 2018.

Contractors Involved

Vestas Offshore Wind was selected as the turbine supplier for the wind power project. The project consists of 49 units of V164-8.0 MW Offshore turbines, each with 8.3MW nameplate capacity.

Vestas Offshore Wind is the O&M contractor for the wind power project. The operation and maintenance contract commenced from 2019, for a period of 5 years.

About Vattenfall

Vattenfall AB (Vattenfall) is a state-owned energy company that generates, distributes and sells electricity and heat. The company also conducts the sale of gas and energy trading. Vattenfall generates power through various sources of energy including wind, nuclear, hydro, natural gas, solar, coal, biomass and waste. It produces and distributes district heating and supplies to households and industries in metropolitan areas. In addition, the company provides energy services such as battery storage, network services, charging solutions for electric vehicles, heat pumps, solar panels and smart meters. It serves households, businesses, electricity and gas customers. It has presence in Denmark, Finland, Germany, the Netherlands and the UK among others. Vattenfall is headquartered in Solna, Stockholm, Sweden.

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.

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