Vattenfall signed a Power Purchase Agreement (PPA) with Air Liquide for 115 MW of renewable installed power capacity generated by the recently inaugurated 1.5 GW Hollandse Kust Zuid (HKZ) offshore wind farm off the Dutch coast.
The PPA has been contracted over a 15-year period beginning in 2026. This is the second PPA of such a scale with Air Liquide, a world player in gases, technologies and services for the industry and health sectors.
Air Liquide will use the electricity to decarbonize its industrial and medical activities in the region and enable the Group’s customers to reduce the carbon content of their end products to foster a low-carbon economy in Europe. The PPA will bring overall renewable power capacity available to Air Liquide to around 270 MW in Benelux.
“Air Liquide has ambitious sustainability targets, and we are happy we can provide them again with fossil-free electricity to help them decarbonize. Vattenfall is working for fossil freedom. Long-term contracts like these provide us with financial security and enable us to keep investing in wind and solar farms, a cornerstone in our ambition. The Netherlands is turning to a fossil-free future, and we want to make that a reality for our customers.”Erik Suichies, head of Wholesale Customers at Vattenfall
Subsidy free offshore wind farm
Hollandse Kust Zuid is the first subsidy free offshore wind farm in the world. It is located between 18 and 36 kilometers off the Dutch coast, between The Hague and Zandvoort. Its 139 Siemens Gamesa 11MW wind turbines will produce more than 6 TWh of electricity annually, which will be available to households and businesses.