Jun 26, 2016

Fourth German offshore wind farm for DONG Energy

Admin
2 min
Danish wind giant DONG Energy announced this week that it will build its fourth German offshore wind farm, called Borkum Riffgrund 2. Denma...

Danish wind giant DONG Energy announced this week that it will build its fourth German offshore wind farm, called Borkum Riffgrund 2.

Denmark’s largest energy company, which is majority government-owned, will have installed 6.7GW of offshore wind by the time the new wind farm is commissioned in the first half of 2019. The firm had previously set a strategic target of 6.5GW by 2020.

Borkum Riffgrund 2 boasts a total export capacity of 450MW and will feature 56 of MHI Vestas’ 8MW turbines, each with a rotor span of 164 metres

The new offshore wind farm will provide enough renewable energy to power 460,000 German households annually and will be located 54 kilometres off the coast of Lower Saxony.

Samuel Leupold, Executive Vice President and Head of Wind Power at DONG Energy,said:

“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.”

DONG Energy is the sole owner of the new project, but plans to divest a 50 per cent stake at a later date.

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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Drax
Biomass
Sustainability
BECCS
Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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