North Sea Offshore Wind Farm_RWE-BASF is a 2,000MW offshore wind power project. It is planned in North Sea, Germany. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2030. Buy the profile here.
The project is being developed by RWE. RWE and BASF are currently owning the project having ownership stake of 51% and 49% respectively.
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.
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2030.
For more details on North Sea Offshore Wind Farm_RWE-BASF, buy the profile here.
RWE AG (RWE) is an energy utility company. The company has presence across the 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.