BERLIN: September 09, 2019. Beginning in 2024, Deutsche Bahn Energie has signed a five-year, 25 MWh contract for the supply of green power with offshore wind farm Nordsee Ost, innogy SE and RWE Supply & Trading.

This is the first offshore wind corporate Power Purchase Agreement (PPA) in Germany. The power is produced at the offshore wind farm for a fixed price and used directly by Deutsche Bahn with RWE Supply & Trading acting as the contract and retail partner.

Deutsche Bahn (DB), already the largest green-power consumer in Germany, says it will be 100 percent 'green' powered by  2038. With 57 percent of its consumption from renewables, the company’s annual energy requirement is around ten terawatt hours, equivalent to the power consumption of Hamburg.

From 2024, the rail company will run trains with green electricity supplied by  the Nordsee Ost offshore wind farm said Hans Bünting, COO Renewables innogy SE. “After the reduction of state subsidies, we are pleased to have agreed commercial terms for the supply of electricity from the first turbines at our wind farm and created scope for further investment in this way.” innogy hydropower plants have been supplying DB with around 900 million kilowatt hours of green power annually since 2011.

Andree Stracke, CCO RWE Supply & Trading added: “With this new agreement we want to contribute towards our long-term partner achieving their ambitious climate protection targets. Combining our expertise in industrial and municipal customers with the producers of renewable energy offers both sides huge opportunities for the future.”

DB Energie is a subsidiary of DB and supplies 20,000 trains and 5,400 train station networks from 50 power and inverter stations throughout the country. With a turnover of €2.8 billion and a sales volume of 25 TWh, the Frankfurt-based company is the fifth-largest energy provider in Germany.