Denmark's First Power Purchase Agreement between Renewable Energy Producer and Industrial Cluster
Eurowind Energy and GreenLab have today entered into a 10-year electricity purchase agreement (PPA) that ensures renewable energy for businesses and Power-to-X production in GreenLab. This marks the first time that direct connections are established between a renewable energy producer and an industrial consumer.
The vision of GreenLab as a green industrial park with its own infrastructure for renewable energy has taken a significant step forward. Eurowind Energy, a company specialising in renewable energy installations, has just signed a 10-year PPA, commonly known as a Power Purchase Agreement (PPA), with GreenLab in Skive. The purchased electricity will come from Eurowind Energy's 84.8 MW solar and wind hybrid park located south of GreenLab and will be directly connected to GreenLab's energy infrastructure inside their green industrial park. This is a groundbreaking development for Denmark, where such agreements typically involve renewable energy producers and utility companies. The agreement covers more than two TWh over ten years and is one of the largest in Denmark ever.
Renewable energy for both businesses and power-to-X
In GreenLab, the electricity will be distributed through GreenLab's internal energy infrastructure, the so-called SymbiosisNet™. This electricity will be used by businesses inside the industrial park, working with pyrolysis, biogas, and bioproteins, as well as in the upcoming Power-to-X production, which is soon to become a reality within the park. This approach ensures that solar and wind energy directly and positively impact the value chains within the park and contribute to the green transition.
Pioneers in direct integration of green energy
Jens Rasmussen, CEO of Eurowind Energy A/S, expressed his enthusiasm, saying, "I am delighted that the agreement is now in place and that it also takes into account the potential expansion of the energy park if there is a need for additional electricity production over time."
Christopher Sorensen, CEO of GreenLab Skive, agrees, and adds, "At GreenLab, we are very excited to be pioneers in the direct integration of green electricity. We hope this agreement serves as a steppingstone to demonstrate how co-locating renewable energy parks with industrial consumption can maximise the utilisation of renewable energy. This way, energy can be optimally utilised, allowing Eurowind Energy's wind turbines, for example, not to stand idle when others do—simply because we at GreenLab can store the energy they produce."
The wind and solar park is already generating electricity today but has previously supplied power exclusively to the collective grid. As part of the agreement, any surplus electricity from GreenLab will be directed into the collective grid.
The PPA covers a total renewable energy capacity of 84.8 MW, comprising 54 MW of wind energy and 30.8 MW of solar energy.
It is expected that the wind turbines will annually generate 168.7 GWh, and the solar park will produce 36 GWh.
For more information, please contact:
Linda Fejerskov, Communications Lead. Email: email@example.com. Phone: +45 29811722.
Malene Petersen, Communications Manager, Eurowind Energy A/S. firstname.lastname@example.org, +45 30101117
From left: The Mayor of Skive Municipality, Peder Christian Kirkegaard, CEO at GreenLab, Christopher Sorensen, CEO at Eurowind Energy, Jens Rasmussen, Head of Legal at Eurowind Energy, Lasse Yde Holst and Chairman of the GreenLab Board, Gert Vinther Jørgensen