Europe, Renewables, Wind

Shell pushing for more Dutch wind power

Shell country chief executive for the Netherlands, Marjan van Loon, says the company has joined forces with other companies calling on the Dutch government to increase its commitment to offshore wind energy.

The country is currently struggling to meet its renewable energy goals, and, in an interview with Reuters, van Loon said he wanted his company to play its part in a bigger ambition for the sector.
Marjan van Loon
The current plan is for 5 tenders of 700 MW farms.

“We are pushing government, we want to do 1-2 GW per year: let’s build, say, 20-30 GW by the end of next decade,” she told Reuters.

Van Loon said the Shell’s interest is in “financing, designing and technically operating” large projects, but after building them “there’s actually not that much technical risk anymore.”

“It’s quite a steady state operation with very little operational expenditure. And there are other partners, pension funds et cetera, which would like to invest in owning these assets but demand a lower rate of return, so we de-risk.”

“We would like to remain present, but we don’t mind inviting other partners, freeing up capital to go to the next project.”

The Dutch economic affairs ministry is due to publish terms this month for the auction for the next 700 MW offshore project, Hollandse Kust Zuid, the first Dutch project with no subsidy offered. 

Meanwhile there were three other notable headlines for the wind industry this week. Leading wind power operator Vestas Wind Systems A/S announced a flurry of wind turbine orders to mark the end of the third quarter last week, with orders from the United States, India, Europe, and Latin America totaling 463 MW.

Ireland’s first commercial-scale wind farm, off its eastern coast, the Oriel Wind Park, has been boosted by a significant investment by Belgian developer, Parkwind. The 330MW wind farm is expected to be built off the coast of County Louth in the Irish Sea and will take approximately three years to construct.

Meanwhile Dong Energy is to vote on a name change to Orsted, in a bid to shed its fossil fuels-oriented past and embracal of green energy.