The green electricity comes from a portfolio of wind turbines with which Statkraft has concluded a power purchase agreement for the period after the expiry of EEG subsidies. The contract with Deutsche Bahn covers an expected generation of almost 40,000 MWh and ensures the economic continued operation of the plants.
On 31 December 2020, EEG subsidies expired for the first wind turbines in Germany after 20 years. The PPA between Statkraft and Deutsche Bahn not only ensures the continued economic operation of around 70 wind turbines without subsidies, but also supports Deutsche Bahn’s sustainability ambitions using green electricity.
“We are very pleased that the agreement with Deutsche Bahn has come about at this particular time. It proves that renewable energy plants whose subsidies have expired have an important role to play in decarbonizing the industry. Unlike the follow-up support decided in the EEG 2021, PPAs enable both a long-term price guarantee and the marketing of green added value,” says Patrick Koch, Statkraft’s Head of Origination in Germany.