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Home›Business & Finance›Good Energy Group Continues Using Westermost Rough Electricity
Business & Finance

April 9, 2018 · about 8 years ago

Good Energy Group Continues Using Westermost Rough Electricity

Ørsted and Good Energy Group have signed a renewal of an agreement under which Good Energy Group will source offshore wind power from the Westermost Rough offshore wind farm for its customers for a further two years.

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Ørsted and Good Energy Group have signed a renewal of an agreement under which Good Energy Group will source offshore wind power from the Westermost Rough offshore wind farm for its customers for a further two years.

The companies signed a one-year agreement in March 2017 .

With the new agreement in place, Good Energy continues to secure 12% of the output of the 210MW offshore wind farm, which represents enough renewable electricity to power more than 26,000 average homes.

“This unique agreement allows us to continue to deliver offshore wind power to our customers, as a core component of our clean energy fuel mix, complementing our onshore wind, solar and biomass, and reflecting our ongoing commitment to providing 100% renewable electricity,” said Juliet Davenport , Founder and Chief Executive Officer of Good Energy. “The site’s generation output has performed ahead of expectations over the past 12 months, highlighting the innovations deployed in operation of the windfarm, which is reducing the cost of wind power generation.”

Good Energy stated that the renewal of terms for a further two years reflects the success of the ongoing relationship between the two companies as part of a wider programme to explore opportunities for further cooperation over time.

“We continue to enjoy working with Good Energy. Together, we share ambitions to create a green and climate friendly energy system,” said Søren Scherfig , Senior Vice President and Head of Markets at Ørsted. “Our partnership also represents a fine opportunity for Ørsted to demonstrate that we are committed to the UK. By supplying sustainable, reliable and affordable energy we support the energy transformation within the UK.”

Westermost Rough is owned by Ørsted, the Green Investment Group (GIG) and a consortium comprising GIG, Macquarie European Infrastructure Fund 5 (MEIF5) and the Universities Superannuation Scheme (USS).

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