Energy trading company Danske Commodities has signed a 15-year power-purchase agreement to trade and balance 480MW of the output from the 3.6GW Dogger Bank offshore wind farm. It is the first such agreement at what will be the world's largest renewables project.

The Aarhus-based firm was acquired in 2018 by Norwegian energy giant Equinor, which owns 50% of Dogger Bank (in a 50-50 joint venture with SSE Renewables).

The 3.6GW project, which is to be built in three stages and enter commercial operation in 2023, will occupy a swathe of the UK North Sea larger than Greater London. It will also be the furthest offshore wind farm from shore, sited a staggering 130km off the coast of northeast England, and was the first project to sign a deal to use GE's groundbreaking 12MW Haliade-X turbines.

Danske Commodities has previously signed PPAs for UK-based offshore wind projects owned or part-owned by Equinor, including the entire output from the 30MW Hywind Scotland floating wind farm and 126MW of power from Sheringham Shoal’s 317MW. Another PPA with the 402MW Dudgeon project — which is part-owned and operated by Equinor — is in the works.

“As Equinor’s power trading arm and route-to-market for renewable power production, we help turn green ambitions into an economically viable business — one wind farm at a time,” said Danske Commodities’ head of European Power Trading, Tor Mosegaard.

Danske Commodities currently manages more than 5GW of renewables assets and trades power in 39 countries.

The three phases of the Dogger Bank project were previously known as Creyke Beck A, Creyke Beck B and Teesside A.

Wind

Energy trader signs first PPA at world’s largest offshore wind farm