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Home›Business & Finance›Total’s Belgian Subsidiary to Buy All of Rentel’s Electricity
Business & Finance

June 23, 2020 · about 6 years ago

Total’s Belgian Subsidiary to Buy All of Rentel’s Electricity

Belgian electricity and gas supplier Lampiris and Otary have approved a long-term power purchase agreement (PPA) for all of the electricity generated at the 309 MW Rentel offshore wind farm. The agreement must still be submitted for approval to the Electricity and Gas Regulation Commission (CREG). I

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Total's Belgian Subsidiary to Buy All of Rentel's Electricity
Rentel

Belgian electricity and gas supplier Lampiris and Otary have approved a long-term power purchase agreement (PPA) for all of the electricity generated at the 309 MW Rentel offshore wind farm.

The agreement must still be submitted for approval to the Electricity and Gas Regulation Commission (CREG).

If approved, the PPA will start on 1 October and allow Lampiris to supply around 300,000 households with green electricity for a period of 15 years. Lampiris is a subsidiary of the French energy major Total.

Back in February, Rentel Offshore Energy issued a call for a competition seeking an off-taker for the wind farm’s electricity in form of a long-term PPA.

Located approximately 40 kilometers off the coast of Oostende, Rentel’s 42 Siemens Gamesa 7.35 MW wind turbines generate around 1 TWh of electricity annually on average.

The wind farm has been fully operational since January 2019.

Rentel is owned by the Otary Group consortium of eight Belgian shareholders including, Aspiravi, DEME Group, Elicio, Green Offshore, Power@Sea, Socofe, SRIW, and Z-Kracht.

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