Vattenfall Takes FID, Begins Construction on 1.5 GW Offshore Wind Farm

Vattenfall has taken the FID for the Hollandse Kust Zuid 1-4 offshore wind farm and is proceeding with the construction at the 1.5 GW wind farm.

Swedish state-owned multinational power company, Vattenfall has announced that it has taken the Final Investment Decision (FID) for the Hollandse Kust Zuid 1-4 offshore wind farm and that it is proceeding with the construction of what will be world’s largest offshore wind farm at 1.5 GW capacity, when complete.

With its installed capacity of 1,500 MW, the Hollandse Kust Zuid farm will be the largest of its kind worldwide, when fully operational in 2023. It will have a renewable electricity output equivalent to the annual consumption of over two million Dutch households.

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The firm was awarded permits for the construction of Hollandse Kust Zuid after winning two subsidy-free tender rounds in 2018 and 2019. The two projects have been combined into one wind farm to optimise the process.

“The Hollandse Kust Zuid project underlines our commitment to supply the Netherlands and Europe with fossil-free electricity. In addition, the investment decision shows that our determination to deliver on our goal to enable fossil free living within one generation remains firm despite the COVID19 pandemic”, said Magnus Hall, CEO of Vattenfall.

In 2023, Hollandse Kust Zuid will provide a third of the total installed offshore wind capacity in the Netherlands, making a major contribution to the Dutch Government’s renewable energy targets.

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“Hollandse Kust Zuid will not only provide fossil-free and affordable electricity to our private and business customers. It’s also a large infrastructure investment that creates significant economic activity and employment in times of economic uncertainty. Thanks to good cooperation with our national and international partners, we are well prepared to take the next step in realising this milestone project”, said Gunnar Groebler, Senior Vice-President and Head of Business Area Wind in Vattenfall.

The project will consist of 140 Siemens Gamesa turbines of 11 MW capacity, which will be installed offshore for the very first time. Offshore construction work is expected to begin in 2021.