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EON and RWE Complete Renewable Power Supply Agreement

Power News - Published on Fri, 15 Nov 2019

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EON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting E.ON’s commitment to provide 100% renewable power for its UK customers. With this power purchase agreement E.ON buys around 3TWh of power annually from wind farms around Great Britain which are operated by RWE. It covers a capacity of 892MW of onshore and offshore wind generation and includes a proportion of the London Array, currently the world’s second largest offshore wind farm.

Earlier this year E.ON announced it was providing all of its residential customers across Britain with an electricity supply backed by 100% renewable sources – on all tariffs, as standard, and at no extra cost.

The wind farms were originally built by E.ON as part of the company’s GBP 3.3 billion investment in UK renewables over the last decade. Ownership transferred to RWE at the start of October as part of the asset swap deal in which E.ON Group took over RWE’s stake in Innogy in return for E.ON’s major renewable energy activities, amongst other things.

Source :

Posted By : Arun Huidrom on Fri, 15 Nov 2019
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