Good Energy and Ørsted sign clean power deal.
Good Energy signs deal with Ørsted to secure offshore wind power for over 30,000 homes in the UK.
UK clean power company Good Energy has renewed a deal with Danish offshore wind energy giant Ørsted. The agreement means 12% of the output of Ørsted’s Westermost Rough Wind Farm, located five miles off the Yorkshire coast, will be used to power Good Energy customers’ homes and businesses.
The three-year deal, worth up to £50m, will see Good Energy secure enough offshore wind power for 36,000 homes in the UK from a 210-megawatt wind farm in the North Sea.
The renewed deal will provide Good Energy with the ability to increase the percentage offtake from 12 per cent in year one to 17 and 28 in years two and three respectively.
Building on the success of Good Energy and Ørsted’s partnership, which began in 2017, it provides security for Good Energy’s customer growth. The company’s business customer volume has more than doubled in the last three years and has stated its ambition to replicate this within the domestic market.
Juliet Davenport, CEO and Founder, Good Energy, said: “Offshore wind is a huge British success story and we are proud to play a part in that. Building on our partnership with Ørsted allows us to continue to build on our ambition to transition to a 100% renewable energy system, empowering more customers to use clean power and ultimately tackle climate change.”
Kyle Worthington, Head of Power Origination at Ørsted said: “We continue to enjoy collaborating with Good Energy and this extension to our cooperation is testament to that. Together, we share ambitions to create a green and climate-friendly energy system. It is great to see them raising the standard for what it means to be a 100% renewable energy supplier and we are happy to partner with them on this journey.”
18 March 2020