- Published: 22 January 2016 22 January 2016
Danske Commodities, an independent Danish energy service company, announced today that it had signed a 15-year Power Purchase Agreement (PPA) with Beatrice Offshore Windfarm Limited (BOWL).
Under the agreement, Danske Commodities will handle all forecasting and trading for 294 MW, equivalent to 50% of the park’s production. BOWL is owned by SSE (50%), two funds managed by Copenhagen Infrastructure Partners (25%) and Repsol Nuevas Energias UK Limited (25%). The PPA is Danske Commodities’ first long-term balancing contract in the UK market, where it has been trading power since 2010.