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  1. Market Data
January 4, 2022

Wind Kreekrak, Netherlands

By Carmen

Wind Kreekrak is a 77.5MW onshore wind power project. It is located in Zeeland, Netherlands. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2013.

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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.
by GlobalData
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Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 77.5 77.5 Active Zeeland, Netherlands Eneco Energy Trade; Pzem; Scheldewind; Winvast; Yard Energy Group

Description

The project was developed by Eneco Energy Trade, Pzem, Scheldewind, Winvast and Yard Energy Group. Eneco Energy Trade, Eurus Energy Holdings, Scheldewind and Winvast are currently owning the project.

The project generates 197,200MWh electricity and supplies enough clean energy to power 56,300 households, offsetting 72,964t of carbon dioxide emissions (CO2) a year. The project cost is $136.478m.

Development Status

The project is currently active. The project got commissioned in September 2013.

Power Purchase Agreement

The power generated from the project is sold to Pzem under a power purchase agreement.

Contractors Involved

Nordex was selected as the turbine supplier for the wind power project. The company provided 31 units of N100 (2.5 MW) turbines, each with 2.5MW nameplate capacity.

Nordex is the O&M contractor for the wind power project. The operation and maintenance contract commenced from 2013, for a period of 15 years.

About Pzem

PZEM NV(PZEM), formerly known as Delta NV, is an independent multi-utility company that provides energy, network and infrastructure services, and digital services.

About Yard Energy Group

Yard Energy Group B.V. (Yard Energy) is a wind energy investment consulting firm. It offers consulting services related to the development, investment and management of wind energy and renewable energy projects. Some of the firm’s key services include project development, project management, investment, financing, and asset management services, among others. It also has partnerships in a portfolio of wind projects. Yard Energy is headquartered in Hoevelaken, the Netherlands.

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.

Related Companies

Free Report
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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.
by GlobalData
Enter your details here to receive your free Report.

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