Dutch King Willem-Alexander jointly with board members of Vattenfall, BASF, and Allianz officially inaugurated the offshore wind farm Hollandse Kust Zuid 1-4. The wind farm is in the North Sea, 18-36 kilometers off the Dutch coast between the towns of Scheveningen and Zandvoort. The 139 turbines have a total capacity of 1.5 GW, making it one of the largest offshore wind farms in the world. The annual electricity production is expected to equal the consumption of 1.5 million households. Hollandse Kust Zuid is owned by Vattenfall, BASF, and Allianz.  The wind farm is expected to be fully operational in 2024 and will be serviced out of the port of IJmuiden.

Helene Biström, Head of Wind at Vattenfall: “Vattenfall aims to be a leader in the energy transition and offshore wind is essential for energy security and to achieve net zero. The realization of a project of this magnitude makes me really proud and today is a great example of what we can achieve when partnering with industry. Hollandse Kust Zuid will not only contribute to reducing BASF’s carbon footprint but will also help meet local businesses and households demand for fossil free electricity.”

Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE: “Hollandse Kust Zuid plays an important role in our transition toward Net Zero. Nearly half of the electricity from Hollandse Kust Zuid will be used to reduce the carbon footprint of our products at BASF sites in Europe. With this ambitious project, we continue to be a pioneer in the industry, securing green energy via direct investments. It makes me very proud that together with our strong partners, we can today inaugurate this windfarm. I’m looking forward to more such projects, as we at BASF stand firmly by our climate-neutrality commitment.”

BASF aims to reduce its greenhouse gas emissions by 25% by the year 2030 and achieve net-zero emissions by 2050. Replacing fossil-based electricity with renewable electricity is an important lever to further bring down emissions.

Oliver Bäte, CEO of Allianz: “Allianz invests policyholder funds in renewable energy and owns more than 100 wind and solar farms. I am delighted that today we are opening our first direct investment in an offshore wind farm, together with BASF and Vattenfall. This underlines the ability of partnerships to catalyse action and bring climate solutions to life.”