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2016-11-18

Vattenfall: Vattenfall to proceed with Danish near shore wind farms

A majority in the Danish Parliament (Folketing) announced today that
it will approve Danish Near Shore (DNS)* wind farms. This means that
Vattenfall can proceed with plans to develop the 350 MW project off
Denmark's west coast.

On September 12, the Danish authorities announced that Vattenfall had
won the tender to develop and build wind farms on two sites off the
west coast of Jutland. The winning bid was 0.05 EUR (0.63 SEK) per
kWh.

"We are really pleased that the Folketing has now confirmed that we
can start building these near shore wind farms. This means that
Vattenfall will further strengthen its position as a leading wind
power producer in Denmark. At the same time it means more affordable
renewable electricity for the Danish population and a quicker route
to making Denmark independent of fossil fuels," says Magnus Hall, CEO
and President of Vattenfall.

Since the result of the tender was made public in September, a
political debate has been going on in Denmark as to whether these
near-shore projects should be approved or not. The argument that
building wind farms so close to shore would disturb the view of the
horizon too much had been a major reason to ban these projects.
Today's decision by the Danish Folketing means that this type of wind
farm is now approved.

The next step for Vattenfall will be to initiate the procurement of
the main components and services (wind turbines, foundations and
cables as well as agreements with installation ships) so that the
construction phase can start as planned in 2019. The first power will
be supplied in 2020.

Press Release: Danish Near Shore
(https://corporate.vattenfall.se/press-och-media/pressmeddelanden/2016/va...)*Near
shore projects are offshore wind farms built on a distance up to
approximately ten kilometres from the coast. In comparison,
Vattenfall's wind farm at Horns Rev 3, which is currently being
built, is located 12 kilometres from the coast.

For further information, please contact:
Peter Stedt, Press Officer Vattenfall. +46 70 597 73 38
Vattenfall's Press Office, telephone: +46 8 739 5010.
Vattenfall is a Swedish, state owned, energy company with more than
20,000 employees with operations in Sweden, Germany, the Netherlands,
Denmark, UK and Finland. Vattenfall supports the transition to a
renewable energy system and has the objective to become leading in
sustainable energy production and thereby secure a reliable and cost
effective energy supply.

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http://news.cision.com/vattenfall/r/vattenfall-to-proceed-with-danish-ne...
http://mb.cision.com/Main/865/2125305/591756.pdf

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