(News Bulletin 247) – TotalEnergies announces this evening that it has won two maritime concessions – in the North Sea and the Baltic Sea – following auctions organized in Germany.

These concessions will have a duration of 25 years extendable to 35 years. ‘With respective capacities of 2 GW and 1 GW, these two wind farms will provide a volume of electricity equivalent to the consumption of more than 3,000,000 households’, underlines the company.

Within the framework of these allocations, TotalEnergies will pay the German Federal State 582 million euros which will be allocated to the conservation of the marine environment and the promotion of environmentally friendly fishing.

The production generated by these sites will be marketed by TotalEnergies, either by selling it directly on the electricity market, or by concluding power purchase agreements (PPA) with end buyers, thus enabling them to reduce their carbon footprint.

The next step for TotalEnergies will be to carry out the studies necessary to obtain the environmental permits, as well as the technical analyzes on these sites which will lead to investment decisions in 2027 and their commissioning by 2030.

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