BP bids for two Dutch offshore wind power leases

Investing.com | May 12, 2022 at 5:05 AM
  • Oil major BP (NYSE:BP) has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewable energy.
  • BP has bid in the tender process for two wind farm sites at the Hollandse Kust (West) zone, located 53 kilometres off the Netherlands’ west coast with a potential 1.4-gigawatt power capacity.
  • BP aims to produce 50,000 tonnes a year of green hydrogen from the wind farms, to meet its Rotterdam refinery demand and support sustainable aviation fuel production of 10,000 barrels a day, along with developing electric vehicle charging stations.