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TotalEnergies, as shareholder of Offshore Wind One, has been awarded the maritime concession N-11.2 by the German Federal Network Agency, following auctions held in Germany. Located in the North Sea, around 120 kilometers north-west of the German island of Heligoland, concession N-11.2 (1.5 GW) covers an area of around 156 square kilometres.
This success will enable TotalEnergies to build a 3.5 GWoffshore wind hub in German North Sea.
Under the terms of this award, Offshore Wind One will pay the German Federal government €196 million (US$), which will be allocated to marine conservation and the promotion of environmentally friendly fishing, by June 2025 at the latest.
An annual contribution of €88 million (US$) will also be paid to the electricity transmission system operator in charge of connecting the project, for a term of twenty years starting from the commissioning of the site. The concession will run for a term of 25 years, extendable to 35 years.
