TotalEnergies Lands 1.5-GW North Sea Offshore Wind Lease
TotalEnergies, as shareholder of Offshore Wind One GmbH, has been awarded the maritime concession N-11.2 by the German Federal Network Agency, following auctions held in Germany.
Located in the North Sea, around 75 miles (120 km) northwest of the German island of Heligoland, concession N-11.2 (1.5 GW) covers an area of around 60 square miles (156 square kilometers). This success will enable TotalEnergies to build a 3.5-GW offshore wind hub in the German North Sea, benefiting from the synergies between this new lease and the 2-GW concession N-12.1 won last year.
Under the terms of this award, Offshore Wind One GmbH will pay, at the latest in June 2025, the German federal government US$210 million that will be allocated to marine conservation and the promotion of environmentally friendly fishing. An annual contribution of US$94 million will also be paid to the electricity transmission system operator in charge of connecting the project, for a term of 20 years starting from the commissioning of the site. The concession will run for a term of 25 years, extendable to 35 years.
“Building on the successful award of concession N-12.1 in the German North Sea last year, the award of the N-11.2 site will enable TotalEnergies to establish a 3.5-GW offshore wind energy hub, building on the quality of both sites and taking advantage of the development and operational synergies between them,” said Stéphane Michel, president of gas renewable and power at TotalEnergies. “This marks a new step for the deployment of TotalEnergies Integrated Power strategy in Germany after the acquisition of Quadra Energy, one of the top three aggregators of renewable electricity production, and of Kyon Energy, a prominent developer of battery storage solutions. TotalEnergies is also very pleased to contribute to Germany’s decarbonization targets.”
As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio combining renewables (solar, onshore, and offshore wind) and flexible assets (carbon capture and storage) to deliver clean firm power to its customers. At the end of 2023, TotalEnergies’ gross renewable electricity generation installed capacity was 22 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.
TotalEnergies’ portfolio in offshore wind has a total capacity of more than 16 GW, with most farms bottom fixed. These projects are located in the United Kingdom (Seagreen, Outer Dowsing, West of Orkney, Erebus), South Korea (Bada), Taiwan (Yunlin, Haiding 2), France (Eolmed), the United States (Attentive Energy and Carolina Long Bay), and Germany (N-12.1 and 0-2.2).
