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Good Energy secures its largest ever clean power deal

17.03.2020

Three-year deal worth up to £50m with Ørsted sees Good Energy secure enough offshore wind power for 36,000 homes from a 210-megawatt wind farm in the North Sea.

Clean power company Good Energy has renewed a deal with Danish offshore wind energy giant Ørsted. The agreement means 12% of the output of Ørsted’s Westermost Rough Wind Farm, located five miles off the Yorkshire coast, will be used to power Good Energy customers’ homes and businesses.

Good Energy has over 1500 contracts with renewable generators, ensuring that 100% of its customers’ usage is matched with genuine clean power. The new agreement, announced as Good Energy publishes its annual financial results for 2019, constitutes the most significant in the company’s history, securing enough power for over 36,000 average homes.

The renewed deal is for three years and provides Good Energy with the ability to increase the percentage offtake from 12 per cent in year one to 17 and 28 in years two and three respectively. Building on the success of Good Energy and Ørsted’s partnership, which began in 2017, it provides security for Good Energy’s customer growth. The company’s business customer volume has more than doubled in the last three years and has stated its ambition to replicate this within the domestic market.

Juliet Davenport, CEO and Founder, Good Energy, said: “Offshore wind is a huge British success story and we are proud to play a part in that. Building on our partnership with Ørsted allows us to continue to build on our ambition to transition to a 100% renewable energy system, empowering more customers to use clean power and ultimately tackle climate change.”

Kyle Worthington, Head of Power Origination at Ørsted said:
“We continue to enjoy collaborating with Good Energy and this extension to our cooperation is testament to that. Together, we share ambitions to create a green and climate-friendly energy system. It is great to see them raising the standard for what it means to be a 100% renewable energy supplier and we are happy to partner with them on this journey.”

Media contacts

Good Energy press office

Ian McKee / Adam Wentworth

press@goodenergy.co.uk / 07718671003

Ørsted: Paul Haines
Head of UK Media Relations
pauha@orsted.co.uk

07880 149088

Notes:

  1. The news comes as Good Energy releases its financial results for 2019. Full detail can be found here.

About Good Energy: www.goodenergy.co.uk

Good Energy powers homes and businesses with 100% renewable electricity from a community of over 1500 UK generators and owns and operate two wind farms, including the UK’s first commercial wind farm, and six solar farms. In addition, Good Energy offers a green gas product which contains 6% biomethane — gas produced here in the UK from food waste. To make it completely carbon neutral, emissions from the rest of the gas its customers use is balanced through supporting verified carbon-reduction schemes which support green gas internationally.

  • Established to tackle climate change and help deliver energy security for the UK.
  • Founded in 1999 by Juliet Davenport OBE.
  • A British company based in Chippenham, Wiltshire.
  • Good Energy’s electricity comes from local, natural sources like sunshine, wind and rain.
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