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Google and ENGIE Team Up to Accelerate Wind Power

Google’s ENGIE agreements cover 100 MW from Scotland’s Moray West offshore wind project and more than 118 MW in Belgium. Learn what the PPAs cover, how physical and financial structures differ, and what remains undisclosed.
From TheFinanceBase Team5 min to read
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Google and France-based energy company ENGIE are using long-term corporate power-purchase agreements (PPAs) to support wind projects in Scotland and Belgium. The headline Scottish agreement covers 100 megawatts (MW) for 12 years and more than 5 terawatt-hours (TWh) of electricity from the Moray West offshore wind project. A later Belgian package added more than 118 MW of onshore-wind supply and extensions.

What Google and ENGIE signed

The first agreement, announced on 24 November 2022, is a 12-year corporate PPA under which ENGIE will provide Google with more than 5 TWh of green electricity associated with 100 MW from Ocean Winds’ Moray West project in Scotland.

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Moray West is an 882 MW offshore wind farm in the Moray Firth. It is being developed by Ocean Winds, a 50/50 joint venture between ENGIE and EDP Renewables. The 100 MW contracted for Google is therefore a portion of the project’s total generation capacity, not the whole wind farm.

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On 2 July 2024, Google and ENGIE announced five additional Belgian corporate PPAs:

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  • Google will receive the full output of four new ENGIE-developed onshore wind farms totaling 26 MW.
  • An existing 92 MW Belgian wind-park offtake will be extended by eight years.
  • ENGIE described the combined Belgian supply as more than 118 MW and approximately 3.7 TWh of carbon-free energy.

The announcements do not disclose the contracts’ strike prices, total values or a standalone measurement of emissions avoided.

How much wind power is involved?

Arrangement Location and technology Contracted capacity Term or change Expected energy stated by the parties
Moray West PPA Moray Firth, Scotland; offshore wind 100 MW 12 years More than 5 TWh
Four new Belgian farms Belgium; onshore wind 26 MW total New PPAs covering full output Included in the Belgian package total; separate figure not stated
Existing Belgian wind-park offtake Belgium; wind, described by ENGIE as part of the Belgian package 92 MW Eight-year extension Included in approximately 3.7 TWh for the package
Combined Belgian package Belgium; onshore wind supply More than 118 MW New contracts plus extension Approximately 3.7 TWh

MW measures the maximum rated power a project can produce at a moment in time. TWh measures electricity delivered over a period. Wind output varies with weather, so contracted MW and annual or multi-year TWh are different measurements.

Offshore versus onshore wind in these deals

Moray West: offshore wind

Moray West is located in the Moray Firth, so its turbines are offshore. Offshore projects can use larger turbines and benefit from stronger, more consistent marine winds, but they generally require specialized vessels, subsea cables and more complex construction and maintenance.

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Belgium: onshore wind

The four new Belgian projects in the 2024 package are onshore wind farms. Building on land can simplify access and maintenance compared with offshore construction, although projects still face permitting, grid-connection and local-siting constraints.

What a corporate PPA does

A corporate PPA is a multi-year contract between a business and a renewable-energy producer or supplier. It gives the buyer a defined commercial relationship with a project and gives the project a contracted customer for its electricity and associated environmental attributes.

Physical PPA

In a physical PPA, electricity from a specified facility is delivered through the power system to the buyer or its nominated supplier. The buyer also receives guarantees of origin, certificates used in Europe to document the renewable origin of electricity. The contract price is agreed in advance or under a defined pricing formula, reducing exposure to some market-price movements.

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Financial or virtual PPA

A financial PPA does not deliver the project’s electrons directly to the buyer. Instead, the parties settle the difference between an agreed contract price and the day-ahead market price. The buyer continues purchasing physical electricity through the market while using the contract to obtain financial exposure to renewable generation and, where applicable, environmental certificates.

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ENGIE describes business PPAs as commonly lasting five to 15 years. The Google–ENGIE Moray West agreement sits at the longer end of that range with its 12-year term.

Why Google uses long-term wind contracts

Progress toward 24/7 carbon-free energy

Google’s goal is to operate with carbon-free energy every hour, in every region where it operates, by 2030. A PPA can add renewable generation to the company’s contracted supply, but a wind farm produces only when wind conditions permit. Consequently, a wind PPA is one component of a 24/7 strategy rather than proof that every hour of Google’s electricity consumption is already matched by wind.

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Google’s broader European procurement illustrates the scale of that effort. In February 2024, it announced PPAs adding more than 700 MW of clean-energy capacity, including offshore wind in the Netherlands, and projected more than 90% carbon-free energy for its operations in the Netherlands, Italy and Poland.

Long-term revenue for new infrastructure

For a developer, a multi-year corporate offtake can provide revenue certainty that helps support financing and construction of new renewable capacity. For a buyer, the agreement can provide a more predictable long-term electricity cost than buying all power at fluctuating wholesale prices. Neither side is guaranteed to avoid every market risk: the contract’s pricing, settlement rules, production profile and balancing terms determine who bears particular risks.

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What the agreements mean for prices and risk

The official announcements do not state the Google–ENGIE contract prices or total contract values. It is therefore not possible to calculate Google’s cost per megawatt-hour, compare the deal with a household electricity tariff, or claim a specific consumer saving from these announcements.

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Risk allocation depends on the contract structure:

  • Generation risk: wind output can be lower or higher than expected, affecting delivered volumes or settlement results.
  • Market-price risk: a physical contract may set a fixed or formula-based energy price, while a financial PPA settles against a market reference and can produce payments in either direction.
  • Shape and balancing risk: production varies by hour, while a buyer’s demand is continuous; the contract must define how mismatches are handled.
  • Certificate treatment: guarantees of origin document renewable attributes, but the contract must specify who receives and retires them.
  • Counterparty and project risk: the parties must manage the possibility of construction delays, underperformance, regulatory changes or a counterparty failing to perform.

How this fits ENGIE’s renewable portfolio

ENGIE reported more than 85 PPAs totaling 4.3 GW in 2024; 3.6 GW of that amount had terms longer than five years. Its current wind overview, reporting status as of 30 September 2025, lists 57.2 GW of renewable capacity in operation, including 17 GW of onshore wind and 2.747 GW of offshore wind. Those portfolio figures can change as projects enter service, are sold or are reclassified.

What consumers should—and should not—take from the announcement

These are corporate procurement contracts, not household supply plans. A residential customer does not automatically receive Moray West or Belgian wind electricity because Google signed a PPA. The agreements matter to consumers indirectly by demonstrating a financing and contracting model that can help large buyers support additional renewable projects.

They also show why “renewable electricity” claims need context. Capacity, delivered energy, contract duration, certificate ownership and hourly matching are separate questions. The announcements establish the contracted capacities and energy volumes described above, but they do not establish a retail-price reduction or a quantified emissions saving.

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Key takeaways

  • The original Scottish deal is a 100 MW, 12-year PPA associated with more than 5 TWh from the 882 MW Moray West offshore project.
  • Moray West is being developed by Ocean Winds, owned equally by ENGIE and EDP Renewables.
  • The 2024 Belgian package covers more than 118 MW: 26 MW from four new onshore farms plus an eight-year extension of a 92 MW offtake.
  • Physical PPAs deliver or nominate electricity; financial PPAs settle a price difference against the market.
  • Contract prices, total values and a standalone emissions-avoided figure were not disclosed in the cited announcements.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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