wind

Octopus Energy signs long-term energy deal from world’s largest wind farm

Octopus Energy Group, the UK’s fourth largest energy supplier, has signed a Power Purchase Agreement (PPA) with Shell Energy Europe Limited to receive energy generated by the Dogger Bank offshore wind farm project. 
Octopus Energy signs long-term energy deal from world’s largest wind farm
Installation work at Borssele offshore wind farm. Courtesy of Octopus Energy.

Dogger Bank, currently under construction off the North East coast of England, is a joint venture between SSE Renewables, Equinor and Vårgrønn. Once completed, it will be the world’s largest wind farm, generating 3.6 GW of green energy, enough to power roughly 6 million homes a year. 

Shell Energy Europe, which has signed agreements to offtake 20 percent of the energy produced by Dogger Bank, will supply Octopus Energy with up to 2.4 TWh of wind energy each year from Dogger Bank once it is fully operational. This will be enough energy to power around 24 percent of Octopus’ current customer base, or around 800,000 households.

Each turbine blade used in the Dogger Bank development is 107 metres long – which is about the length of a football pitch.

Octopus Energy Group is one of Europe’s largest renewables investors, managing green energy assets worth over £5 billion, with solar farms and onshore and offshore wind across 11 countries. It has also enabled its customers to be the first in the world to help the grid manage flexibility during times of potential blackouts.

“If the energy crisis has taught us anything it is that we need to move fast to an energy system based on cheap renewables – and Dogger Bank will help to get us there” said Matt Bunney, Head of Energy at Octopus Energy Group. “We already manage renewable energy assets worth over £5bn, and I’m delighted that our team managed to secure a long-term contract under Shell’s PPA on top of this, bringing 2.4TWh of green energy straight into our customers' homes.”

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Octopus Energy

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