RWE and Statkraft Sign 3 Year PPA in France

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RWE, one of the world’s leading renewable companies, has signed a three-year power purchase agreement (PPA) with Europe’s leading renewable power generator, Statkraft, to provide a suite of power market access services for its first wind farm in central France.

Across the whole contract life Statkraft will conduct power sales and provide capacity guarantee management services.

In periods with negative prices, Statkraft’s remote plant control technology will come into play to automatically stop feeding power to the grid.

The Les Pierrots wind farm is RWE’s first move into the French market. Located in the Centre-Val de Loire region, this 26.4-megawatt (MW) wind project powers the equivalent of more than 15,000 homes. The wind farm is injecting electricity into the national grid under the Government’s “Complément de Rémunération” subsidy scheme.

We’re delighted to collaborate with RWE on such an important milestone project for the company. Based on this first collaboration, we look forward to forging a long-term relationship with them, to help manage future assets as their portfolio expands,” said Laurent Talbot, Head of Sales and New products, France, Statkraft.

Joseph Fonio, Country Chair RWE Renouvelables France said “The expansion of renewable energy is a crucial factor for a successful green transition in France. Together with Statkraft, we strive to advance this transition. With the signing of the PPA with our strong partner Statkraft we demonstrate our ability to support electricity suppliers in providing CO2-free power to their customers.”

Besides Les Pierrots, two other wind farms, Les Hauts Bouleaux (18 MW) and Martinpuich (15 MW), are currently under construction, with commissioning planned for 2022, stated the company statement.

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