BAKU, Azerbaijan, June 17. TotalEnergies,
through its stake in North Sea OFW One GmbH, has been awarded the
N-9.4 offshore wind concession by the German Federal Network
Agency, Trend
reports.
The site, located about 150 kilometers northwest of Heligoland
in the North Sea, covers 141 square kilometers and is set to
develop 1 GW of offshore wind capacity. The concession lasts 25
years, with a possible 10-year extension.
This new concession is adjacent to TotalEnergies’ existing N-9.1
and N-9.2 projects, co-owned with RWE, allowing the company to
optimize construction and operation costs by developing the cluster
as a whole.
Offshore Wind One GmbH will pay 18 million euros to the German
government in 2026, supporting marine conservation and sustainable
fishing, along with an annual fee of 8.1 million euros for 20 years
to the electricity transmission system operator once the project is
operational.
Due to delays in grid connection timelines announced by German
operators, TotalEnergies is reviewing its offshore wind portfolio
acquired since 2023 and plans to engage with authorities to discuss
development conditions.
TotalEnergies is expanding its renewable energy capacity, with
28 GW installed by March 2025 and targets of 35 GW by year-end and
over 100 TWh of net electricity production by 2030. Its offshore
wind portfolio totals 23 GW, with projects across Europe, Asia, and
the United States.
