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November 22, 2021

North Sea Offshore Wind Farm_RWE-BASF, Germany

By Carmen

North Sea Offshore Wind Farm_RWE-BASF is a 2,000MW offshore wind power project. It is planned in North Sea, Germany. The project is currently in announced stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2030.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 2,000 2,000 Announced Germany RWE

Description

The project is being developed by RWE and is currently owned by BASF with a stake of 49%.

The project is expected to generate 7,500,000MWh electricity to offset 3,800,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $4,900m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2030.

About RWE

RWE AG (RWE) is an energy utility. The company has presence across the entire energy value chain, from lignite production and electricity generation, to energy trading and operation of distribution networks, and supply of electricity, gas and energy solutions. It produces electricity using conventional, nuclear, and renewable sources. RWE trades electricity, oil, natural gas, biomass, coal, and CO2 certificates; retails electricity and gas; and sources fuel needed to produce electricity and heat, and markets the electricity generated by its plants. It also plans, builds, and operates renewable energy facilities; and manages electricity and gas distribution networks. The company serves residential, commercial, industrial, and corporate customers in European Union member countries, Benelux, Eastern Europe, and other countries in the continent. RWE is headquartered in Essen, Nordrhein-Westfalen, Germany.

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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