Port of Zeebrugge Wind Farm, Belgium

Port of Zeebrugge Wind Farm is a 44MW onshore wind power project. It is located in West Flanders, Belgium. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in February 2021.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	44	44	–	Active	West Flanders, Belgium	Electrabel

Description

The project is developed and owned by Electrabel.

The project generates 110GWh electricity and supplies enough clean energy to power 30,000 households, offsetting 50,000t of carbon dioxide emissions (CO2) a year. The project cost is $64.757m.

The wind power project consists of 11 turbines, each with 4MW nameplate capacity.

Development Status

The project is currently active. The project got commissioned in February 2021.

Contractors Involved

Electrabel is the O&M contractor for the wind power project, commencing from the year 2021.

About Electrabel

Electrabel SA (Electrabel), a subsidiary of Engie SA, is an energy utility company. It generates and sells electricity, supplies natural gas, and provides related energy products and services. The company operates diversified electricity generating facilities such as thermal, nuclear and renewable power plants, including wind, gas, biomass, hydroelectric, and photovoltaic. Electrabel supplies electricity and natural gas to residential customers, professionals, small and medium enterprises (SMEs), industrial customers and public institutions. The company operates in the Benelux countries such as Belgium, the Netherlands and Luxembourg. It also trades in electricity and natural gas on all European markets. Electrabel is headquartered in Brussels, Belgium.

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.