Press Release
Oxford (UK) & Aalborg (DK), January 19th 2012
Opus Energy & Nordjysk Elhandel
British Energy Supplier Opus Energy Signs Wind Power Agreement with Danish Energy Company Nordjysk Elhandel
Oxford-based Opus Energy enters cooperation with Danish energy company, Nordjysk Elhandel (NEAS), specializing in renewables for balancing and trading of wind power production from wind turbine generators in the UK.
“Wind power generation is expanding rapidly in the UK and we at Opus Energy want to secure the best possible set-up in production management for wind power generators. The cooperation with NEAS gives us access to state-of-the-art services in scheduling and balancing of wind power, and competencies in trading of wind power. This will provide UK wind power generators with the best service and maximum value for their production and associated certificates. We believe this cooperation will give us a competitive edge to enable us to expand our market for wind power generation”, explains Charlie Crossley Cooke, Managing Director, of Opus Energy.
Today there is approximately 5970 MW installed capacity of wind power. However, this number is expected to rise dramatically to more than 10.000 MW in 2015 and well over 20.000 MW in 2020, based on the figures for wind turbines presently under construction, approved and planed.
20 percent of the total power generated in Denmark comes from wind power, making the country the leading nation worldwide for the integration of wind power and for the supply of wind power production per capita. NEAS is the market leader in trading and balancing of wind turbine operation, based on market terms, in Denmark. Representing more than 1.200 MW installed capacity under management.
“At NEAS we have invested many resources in building up the strongest possible set-up in production management and trading of wind power. For example, we have our own meteorologists and analysts forecasting production volumes, and we have developed specialized IT systems for balancing and scheduling of wind power generation. Also, we have years of experience in trading of wind power in Denmark, Sweden and Germany. The cooperation with Opus Energy provides us with a highly competent partner to market our services for wind power generators in the UK”, says Bo Lynge Rydahl, CEO at NEAS.
Opus Energy and NEAS expect to sign the first wind power production purchase agreements (PPAs) in the UK within the first quarter of 2012. They will market their services to wind power generators on the basis of competitive and dynamic pricing structures and outstanding balance responsible party services.
For further information please contact:
Lisa Donohue
Senior Vice President, FTI Consulting
Web: www.opusenergy.co.uk
Email: lisa.donohue@fticonsulting.co.uk
Phone: +44 (0)20 7269 7219
Rasmus Buhl Møller
Head of Communications, NEAS
Mail: rbm@neas.dk
Web: www.neas.dk
Phone: +45 9939 5804