RWE has taken a step towards first power generation in 2021 at Triton Knoll by completing the installation of all 90 turbine foundations and two 50-kilometre long export cables connecting offshore and onshore electrical systems. With a commercial operation date expected in the first quarter 2022, Triton Knoll wind farm will have an installed capacity of 857MW (RWE’s pro rata share: 509 MW).Triton Knoll offshore wind farm is located over 32 kilometres off the Lincolnshire coast. It is jointly owned by RWE (59%), J-Power (25%) and Kansai Electric Power (16%), with RWE leading the wind farm’s construction and long-term operation and maintenance works, on behalf of the project partners. Total planned investment volume amounts to approximately £2 billion.
Triton Knoll was awarded a Contract for Difference (CfD) by the UK Department for Business, Energy & Industrial Strategy in September 2017. A Power Purchase Agreement (PPA) with Ørsted, under which the company will offtake 100% of the power produced by the wind farm, complements Triton Knoll’s CfD, mitigating any market price uncertainty for the first 15 years of the wind farm’s operation.