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Home›Business & Finance›TotalEnergies Signs Offshore Wind CPPA with Air Liquide
Business & Finance

July 26, 2021 · about 5 years ago

TotalEnergies Signs Offshore Wind CPPA with Air Liquide

TotalEnergies, through its Belgian subsidiary Lampiris, has signed a Corporate Power Purchase Agreement (CPPA) with Air Liquide for the supply of electricity produced by an offshore wind farm in Belgium. Under the agreement, TotalEnergies will supply the French industrial gases company with 50 GWh o

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The Rentel offshore wind farm in Belgium
Rentel OWF; Illustration; Photo source: Otary (archive)

TotalEnergies, through its Belgian subsidiary Lampiris, has signed a Corporate Power Purchase Agreement (CPPA) with Air Liquide for the supply of electricity produced by an offshore wind farm in Belgium.

Under the agreement, TotalEnergies will supply the French industrial gases company with 50 GWh of offshore wind-generated electricity per year over a period of 15 years.

Air Liquide will use the electricity to power some of its industrial and medical gas production sites in Belgium, according to TotalEnergies, with 270,000 tonnes of CO2 emissions to be saved over the lifetime of the contract.

A little over a year ago, TotalEnergies’ Belgian subsidiary entered into a long-term PPA for all of the electricity generated by the 309 MW Rentel offshore wind farm , which has the capacity to supply clean electricity to around 300,000 households. The wind farm has been fully operational since January 2019.

This was a few weeks after the TotalEnergies (formerly Total) signed an agreement with SSE Renewables to take a 51 per cent stake in the Seagreen 1 offshore wind farm , thus entering the offshore wind market.

Since then, the company has bought into several offshore wind projects and embarked on bidding to build offshore wind farms .

“A growing number of companies are shifting to renewable energy, and we want to support them on their path towards carbon neutrality. There is a dynamic market for corporate PPAs in Europe, and we want TotalEnergies to take a strong leadership position” , said Julien Pouget , Senior Vice President Renewables at TotalEnergies.

The contract with Air Liquide follows other corporate PPAs signed earlier this year by TotalEnergies with Orange, Microsoft and Merck, the French energy major said.

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