Dong Energy sinks billions into North Sea wind farm  

2007.05.02
Denmark's Dong Energy is to invest up to DKK 3.5 bn (USD 641 m) in the country's largest offshore wind farm, Horns Rev II, which will be sited in the North Sea near the port of Esbjerg
Denmark's Dong Energy is to invest up to DKK 3.5 bn (USD 641 m) in the country's largest offshore wind farm, Horns Rev II, which will be sited in the North Sea near the port of Esbjerg. The new installation will comprise 95 wind turbines generating a maximum output of 215 MW, enough to satisfy the needs of 200,000 households. Three large additional research turbines will add a further 15 MW to the wind farm's capacity.
 
In mid-2005 Dong Energy won the concession to build Horns Rev II, on the basis of a promise to produce electricity at a guaranteed price of DKK 0.518 per kWh for the next 12 years.
 
On Tuesday, Danish medico giant Novo Nordisk announced that an agreement it has entered with Dong Energy will ensure that much of the energy Novo Nordisk uses will in future be generated by wind power. The deal will significantly assist Novo Nordisk in reducing its CO2 emissions in 2014 by 10% in relation to the 2004 level - a very ambitious target given that Novo Nordisk expects to markedly increase production in that time period.
 
Regarding the deal with Dong, Novo Nordisk writes: "The partnership is the first of its kind and obliges Novo Nordisk to use the energy savings across its factories to buy energy produced from the new wind farm that Dong Energy is building at Horns Rev."
 
The news was reported by financial daily newspaper Børsen and by news agency Direkt.

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