Statkraft signs first market access agreement in France

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
111
Statkraft signs first market access agreement in France

(Lyon/Düsseldorf, 27 March 2017) Statkraft, Europe's largest producer of renewable energy, has closed its first power purchase agreement (PPA) under the new French support mechanism for renewable energies. The company will purchase power and capacity certificates from the wind farm Eole Source de la Sensée Hamelincourt in the North of France. The 6.15 MW wind farm is owned by TTR Energy, an investment fund investing in renewables.

"We are happy to have concluded our first wind PPA in France and look forward to working with TTR Energy over the next years. For us as a company, this is an important step in order to establish Statkraft in the French renewable scene," says Lillian Dale, International Business Developer and responsible for market access in France.

"We are very proud to contribute to the integration of intermittent renewable energy in this young and fast developing market. With our expertise and experiences as a leading PPA provider in Germany, Scandinavia and the UK we are a reliable partner for the French market players in the transition to a market based system," Dale adds.

The French market is one of the largest power markets in Europe and has ambitious targets for development of renewable energies. As of 1 January 2016 the new regime "complément de rémunération", a market-based mechanism, has been replacing the existing feed-in tariff scheme. The new regime is a contract for difference mechanism similar to the systems in Germany and the UK. 

Since the publication of the applicable regulation in December 2016, market players have been able to conclude business under the new regime. Renewable producers are obliged to sell their production on the wholesale electricity market. Statkraft is actively participating in this market offering market access services and is and is confident that it will be able to expand its portfolio in the near future.

The company has been active in this form of market access business since the launch of the market premium model in Germany in 2012. With a portfolio of around 13,000 MW, the company is one of the leading players in market access for renewable energy throughout Europe.

About Statkraft

Statkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. The Group produces hydropower, wind power, gas-fired power and district heating and is a global player in energy market operations. Statkraft has 3800 employees in more than 20 countries.

About Eole Source de la Sensée Hamelincourt

  • Total installed capacity: 6.15 MW
  • Number of turbines: 3 
  • Type: Senvion MM92
  • Estimated yearly production: 17.8 GWh 

Contact persons

Anne Joeken, Communications, Statkraft Markets GmbH Tel. +49 211 60244-166 | Mob. +49 163 9120014 anne.joeken@statkraft.com

Judith Tranninger, Communications, Statkraft Markets GmbH Tel. +49 211 60244-166 | Mob. +49 163 9120014 judith.tranninger@statkraft.com

Social Media Statkraft

 

Scroll down for more posts ▼

Top 10 Most Recent News Articles

South Florida Donor Network Honors 52 Heroic Donors

Updated Category News Views 3

A Heartfelt Tribute to Lifesavers You ever been to a gathering that reminds you how deeply human connections run? That's what happened at The Diplomat Beach Resort in Hollywood. South Florida Donor Network (SFDN) pulled together a ceremony honoring 52 donor heroes whose legacies beat strong through the recipients living thanks to their gifts. An Event Worth Attending...

Continue Reading
Sacrifice Unending: 9/11's Lingering Health Toll

Updated Category News Views 0

The Unseen Toll of 9/11 on the Firefighter Community Two and a half decades since that fateful morning of September 11, 2001, we're staring at a grim reality. The heroic souls of the New York City Fire Department (FDNY)—those who ran toward peril when others ran away—are still paying the price. Incredibly, more than 400 FDNY members have succumbed to World Trade...

Continue Reading
Cove Capital Secures $9.96M for Debt-Free Logistics DST

Updated Category News Views 1

Unpacking Cove Capital's Latest Victory Cove Capital Investments has pulled off another coup, raising a hefty $9,964,510 for its Cove Essential Net Lease Industrial 108 DST. It's a Regulation D, Rule 506(c) offering, now fully subscribed, spotlighting a debt-free investment ethos and a rock-solid logistics site in Anchorage, Alaska. Strategic Facility Anchoring Investment...

Continue Reading
Cap Juluca: Caribbean Luxury Redefined on Maundays Bay

Updated Category News Views 0

The Tranquil Call of Maundays Bay Find me dipping my toes in the sands of Maundays Bay come October 10, 2026, and you'll understand why this slice of Anguilla stakes its claim to being the best beach on the globe. Cap Juluca, that crown jewel of Caribbean luxury, swings open its doors once more, promising indulgence framed by turquoise waters and the soft whisper of white...

Continue Reading
Health Net's $2M Boost for Stanislaus Affordable Housing

Updated Category News Views 1

Joining the Fight Against California’s Housing Crisis Well, I'll be the first to say it's a breath of fresh air when a healthcare beast like Health Net starts investing in something as critical as affordable housing. This is no drop in the bucket—two million dollars is quite the commitment to fix some of the mess that’s been brewing in Stanislaus County, California....

Continue Reading
CUBEX Lights Up Veterinary Care with Mini Essential

Updated Category News Views 5

Inventory Woes? Meet Mini Essential If you’ve ever worked in or around veterinary hospitals, you know the old-school headaches of managing controlled substances. Picture this: piles of paper logs, end-of-shift recounting, and inevitable discrepancies that rear their ugly heads long after closing time. Enter CUBEX, shaking things up with their latest launch, Mini...

Continue Reading
Facility Solutions Group Climbs to Top 18 Electrical Spot

Updated Category News Views 1

FSG Shines Brightly in Electrical Contractor Rankings Climbing the ladder is no easy feat, but Facility Solutions Group (FSG) has managed to climb, all the way to the #18 spot on Electrical Construction & Maintenance (EC&M) magazine's revered list of the Top Electrical Contractors in the U.S. It’s up from their previous rank of 22. When you think about the competitive...

Continue Reading
Sandbox VR Expands to Melbourne, Betting on Immersive Fun

Updated Category News Views 1

Sandbox VR Ventures into Melbourne's Heart Every now and then, a venture takes its ambitions and rolls the dice on a prime location. Sandbox VR is swaggering into Melbourne's bustling Central Business District, fresh out of its success on the Gold Coast. Opening this Melbourne venue on September 14 marks a significant leap in the company's Aussie expansion—a bold nod to...

Continue Reading
Push Notification Security Transforms Healthcare IT Support

Updated Category News Views 1

Cutting the Fat on IT Help Desk Bottlenecks Healthcare IT teams are fighting an uphill battle with password resets, a mundane task consuming up to half of all help desk calls. It's like trying to stop a leaking dam with duct tape. For health systems, these calls aren't just a minor annoyance—they're a full-fledged budget hog. Try telling a CIO that an agent-friendly...

Continue Reading
Aflac's $200M Milestone in Cancer Charity Support

Updated Category News Views 0

Pioneering Efforts Across Decades Here’s an effort that bucks the usual corporate talk. Aflac, the supplemental insurance giant, isn’t just mumbling about its mission; it's doing the heavy lifting in the fight against childhood cancer and blood disorders. With over $200 million in contributions poured into the cause over more than 30 years, they're putting the capital...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding the Rise of Short Interest in FactSet Systems

Updated Category News Views 162

Understanding Short Interest at FactSet Research Systems Recently, the short percent of float for FactSet Research Systems (NYSE: FDS) has made headlines, rising to 10.87%. This increase translates to approximately 1.74 million shares sold short, reflecting 5.2% of all available trading shares. Analyzing this statistic is vital, as it can encapsulate investor sentiment...

Continue Reading
Understanding the Shift in the AI Market Dynamics

Updated Category News Views 172

Introduction The AI market is witnessing a significant shift, as new competitors emerge and established players find themselves facing unexpected challenges. Recently, Gemini 3 has been recognized as the best-performing AI model, marking a dramatic turn in the competitive landscape. Previously, models developed by OpenAI dominated the charts, but the advancements seen in...

Continue Reading
Key Insights to Enhance Battery Energy Storage Projects

Updated Category News Views 119

Understanding Battery Energy Storage Projects As electricity demand in North America grows significantly, driven by innovations like data centers and increasing energy consumption, utilities and developers are faced with the pressing need for dependable power generation. Battery energy storage has emerged as a pivotal technology, aiding in grid stability and supporting...

Continue Reading
Advancements in Magnesium Processing: The Role of Electropulsing

Updated Category News Views 92

Significant Breakthrough in Magnesium Alloy Processing Researchers at Pusan National University are at the forefront of innovation with their discovery of a groundbreaking heat treatment process for magnesium metals. This exciting research utilizes a T-type specimen to explore how electric pulses boost grain growth in magnesium alloys, marking a significant advancement in...

Continue Reading
Dana Incorporates Leadership Change Amid Strategic Transformation

Updated Category News Views 129

Dana Incorporates Leadership Change Amid Strategic Transformation Dana Incorporated (NYSE: DAN), a prominent name in the drivetrain and e-Propulsion sector, has recently appointed R. Bruce McDonald as its new Chairman and Chief Executive Officer. McDonald has been part of Dana's Board of Directors since 2014 and steps into this critical role following the retirement of...

Continue Reading