DONG booming in Britain
The expansion in offshore wind causes DONG Energy to be one of the largest foreign investors in the UK energy sector. Now the company is also booming in the electricity market. DONG Energy has secured its largest contract in the UK corporate customer market delivery to Welsh Power.
"There’s great competition between the big business customers in Great Britain and by winning such a significant customer is a clear testimony that we mean business," says Mikkel Sjølin Kiil, Vice President and responsible for DONG Energy's business activities in Northern Europe.
Welsh Power quit its former supplier in favor of DONG, a relatively new player in the UK electricity market. With delivery to Welsh Power's more than 4,000 places of consumption, it is the largest multisite customer in DONG Energy's history. The contract doubles the number of sites it supplies to in the UK.
According to Mikkel Sjølin Kiil, the new customer fits into his strategy for DONG Energy's expansion, not only among business customers in the UK but also in Germany and Denmark.
The fact that DONG Energy gradually transforms its role in the UK market is also seen in other new agreements. Thus, the company has won the long-term power purchase agreement from three future land-based wind farms, which are being built by the energy group and real estate development company Banks Group.
In March, an agreement was reached with Ashford Power Ltd, whose gas-powered turbines can now be activated and stopped from Denmark. This agreement is also about balancing consumption and demand.
In the commercial gas market, DONG Energy is among the three largest suppliers in terms of market share.
Source: DONG Energy / Maritime Denmark