Power and Air Condition Solution Management GmbH (PASM), a wholly owned subsidiary of Deutsche Telekom AG, is expanding its renewable energy PPA portfolio. Deutsche Telekom's in-house energy provider has signed a long-term power purchase agreement (PPA) with energy group EnBW for power from the 960 megawatt (MW) He Dreiht offshore wind farm. Under the PPA with EnBW, PASM will source 100 MW from the new wind farm in the German North Sea. EnBW will supply the North Sea wind energy over a 15-year contract term.
Bernd Schulte-Sprenger, Managing Director of PASM: "Our partnership with EnBW under the power purchase agreement (PPA) for the He Dreiht wind farm enables us to jointly advance the energy transition and make a good contribution towards achieving our climate targets."
PPAs support the energy transition
Located approximately 90 kilometers northwest of the island of Borkum and approximately 110 kilometers west of Heligoland, the He Dreiht wind farm is expected to be operational by the end of 2025. EnBW won the rights in Germany's first offshore tender in 2017 with a zero-cent bid, setting a new trend in the offshore market. This subsidy-free offshore wind farm is currently one of the largest energy transition projects in Europe. It will also be the first to use turbines with a capacity of 15 MW each.
PPAs are an increasingly important factor in the energy transition. "We can only achieve the energy transition by working together. PPAs serve as a tool to this end. They help companies to achieve ambitious climate targets and provide developers of renewable projects with a reliable source of funding. This benefits the economy and the climate in equal measure," explained Dr. Georg Stamatelopoulos, Chief Operating Officer Sustainable Generation Infrastructure at EnBW. "In PASM, we have gained a further dependable partner for our He Dreiht offshore wind farm, and we have now secured more than half of He Dreiht's capacity with PPAs," he added. Construction of the EnBW He Dreiht offshore wind farm is expected to start in May 2024.
About EnBW
With over 26,000 employees, EnBW is one of the largest energy companies in Germany and Europe. It supplies around 5.5 million customers with electricity, gas, water as well as services and products in the areas of infrastructure and energy. The expansion of renewable energies is a cornerstone of the growth strategy and a focus of investment. By the end of 2025, more than half of the generation portfolio is set to consist of renewable energies. Furthermore, the expansion of renewable energies is an important part of EnBW's Sustainability Agenda as the company heads towards climate neutrality by 2035.
EnBW has been actively involved in PPA matters in Germany from the very beginning: In 2019, the company signed the first PPA of its kind in Germany with Energiekontor. In December 2021, it announced the first power purchase agreement with Fraport AG for 85 megawatts of electricity from the "He Dreiht" offshore wind farm. Evonik followed with a total of 150 MW and Salzgitter with 50 MW.
About PASM
Power & Air Solutions (PASM) is the energy supplier to the units and companies of Deutsche Telekom AG in Germany, with the core focus on the procurement, provision and supply of energy. PASM is committed to the sustainable expansion of renewable energy sources. Since its establishment in August 2004, PASM has guaranteed the availability of critical infrastructure systems in the information and communication technology (ICT) sector. A further focus of Power & Air Solutions' activities is the highly specialized planning, configuration, installation and maintenance of customers' ICT systems, complemented by extensive monitoring and incident management. PASM also performs the duties of metering point operator and meter service provider
Further information can be found here (www.pasm.de).
Contact
PASM
Ann Carolin Kröger
Communications Specialist
E-Mail: Ann-Carolin.Kroeger@pasm.de
Phone: +49 251 39773011
