DONG invests in Borkum wind farm

DONG Energy has decided to build the German offshore wind farm Borkum Riffgrund 2, which is expected to be fully commissioned in 1H 2019.

With this decision, DONG Energy will reach 6.7GW of installed offshore wind capacity, exceeding the 2020 target of 6.5GW installed capacity.

Borkum Riffgrund 2 will have a total export capacity of 450MW, and will feature the largest wind turbines in German waters: 56 units of MHI Vestas’ 8MW wind turbines with rotor spans of 164m. The offshore wind farm will supply CO2-free power corresponding to the annual electricity consumption of approximately 460,000 German households.

Samuel Leupold, executive VP and head of Wind Power in DONG Energy, says:

“Offshore wind is a significant contribution to the German energy transition, and Borkum Riffgrund 2 confirms DONG Energy’s position as one of the major investors in the renewable energy infrastructure in Germany. The 8MW turbine takes offshore wind efficiency a further step forward, and the size of the Borkum Riffgrund 2 project is yet another indication of market maturity. We’ll continue our relentless efforts to drive down the cost of electricity from offshore wind.”

Trine Borum Bojsen, country manager of DONG Energy Wind Power Germany, says:

“With Borkum Riffgrund 2, we’ll start the construction of our fourth offshore wind farm in Germany. After completion of Borkum Riffgrund 2, DONG Energy will have installed approximately 1.35GW of offshore wind in German waters and supply power to 1.4 million households.”

DONG Energy is the sole owner of Borkum Riffgrund 2. In accordance with our partnership model, we intend to divest up to 50% of the project at a later stage.

Borkum Riffgrund 2 will be located 54km off the coast of Lower Saxony, next to one of DONG Energy’s other wind farms, Borkum Riffgrund 1. For the first approximately ten years of production from Borkum Riffgrund 2, DONG Energy will receive a fixed price per kWh of electricity produced.

DONG Energy was granted a consent for building Borkum Riffgrund 2 back in December 2011. This consent needs to be amended to accommodate the deployment of the larger 8MW turbines.