TotalEnergies Joins RWE in 4 GW Offshore Wind Projects to Power Germany’s Energy Transition

TotalEnergies Joins RWE in 4 GW Offshore Wind Projects to Power Germany’s Energy Transition

(IN BRIEF) TotalEnergies has acquired a 50% stake in two offshore wind projects, N-9.1 and N-9.2, from RWE. Located off the German coast, these projects, with a combined capacity of 4 GW, are expected to be commissioned in 2031 and 2032. This partnership builds on the companies’ existing collaboration in offshore wind energy, aiming to accelerate Germany’s energy transition and decarbonize its electricity sector. Preliminary environmental and marine studies have already been conducted to support construction planning.

(PRESS RELEASE) PARIS, 7-Oct-2024 — /EuropaWire/ — TotalEnergies has entered into an agreement with RWE to acquire a 50% stake in two significant offshore wind projects in the North Sea. The projects, N-9.1 and N-9.2, each with a capacity of 2 GW, are located 110 kilometers off the German coast and were awarded to RWE in August 2024. These wind farms, licensed for 25 years with the potential to extend to 35 years, will contribute to the growing renewable energy market in Germany.

This acquisition complements TotalEnergies’ existing offshore wind concessions in the region, including N-12.1, N-11.2, and O-2.2, bringing the company’s German offshore wind hub to 6.5 GW. This collaboration is expected to create synergies that will optimize both construction and operational costs.

Olivier Jouny, Senior Vice President of Renewables at TotalEnergies, highlighted the importance of the partnership with RWE, noting that the projects will play a key role in decarbonizing Germany’s electricity sector, the largest in Europe. Sven Utermöhlen, CEO of RWE Offshore Wind, echoed this sentiment, emphasizing that RWE’s extensive experience in offshore wind development will ensure the successful realization of the projects.

Preliminary studies on environmental and subsoil conditions have been carried out by the German Federal Maritime and Hydrographic Agency (BSH), providing valuable data for the upcoming construction of the wind farms. Both projects are slated for commissioning in 2031 and 2032.

TotalEnergies and electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By mid-2024, TotalEnergies’ gross renewable electricity generation installed capacity reached 24 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.

TotalEnergies and offshore wind

TotalEnergies’ portfolio in offshore wind has a total capacity of more than 17 GW, with most farms bottom-fixed. These projects are located in the United Kingdom (Seagreen, Outer Dowsing, West of Orkney, Erebus), South Korea (Bada), Taiwan (Yunlin, Haiding 2), France (Eolmed), the United States (Attentive Energy and Carolina Long Bay), in the Netherlands (OranjeWind), in Germany (Nordsee Energies 1 & 2, Ostsee Energies, N-9.1 and N-9.2).

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

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SOURCE: TotalEnergies