Statkraft and Deutsche Bahn Sign PPA

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Statkraft, Europe's largest producer of renewable energy, and Deutsche Bahn have signed a one-year power purchase agreement (PPA). Since 1 January, Statkraft has been supplying green power from German onshore wind farms, whose subsidies from the Renewable Energy Act (EEG) expired.

The green electricity comes from a portfolio of wind turbines with which Statkraft has concluded a power purchase agreement for the period after the expiry of EEG subsidies. The contract with Deutsche Bahn covers an expected generation of almost 40,000 MWh and ensures the economic continued operation of the plants. On 31 December 2020, EEG subsidies expired for the first wind turbines in Germany after 20 years. The PPA between Statkraft and Deutsche Bahn not only ensures the continued... ... More: Official Press Release Statkraft

Keywords:

Statkraft, Deutsche Bahn, PPA, EEG, onshore, wind farm, green, power purchase agreement, renewable energy, MWh, wind turbine