There's nothing unusual about Ørsted signing a power purchase agreement (PPA) for an offshore wind farm. Even less so with projects lying in the Baltic Sea, where the utility is banking big on market leadership. In fact, the deal in question pertains to wind turbines standing very few kilometers offshore of the Danish company's headquarters in Gentofte north of Copenhagen.
The unusual part is that the turbines aren't Ørsted's own. On the contrary, the firm is the potential buyer of 250 MW generated by Greater Copenhagen utility Hofor. With the agreement, announced Monday, the two parties will work toward Ørsted bringing power from Hofor's nearshore wind project Aflandshage to its project Green Fuels for Denmark at Avedøre Holme south of the capital.