EnergyWatch

Germany launches auction of 1.55 GW offshore wind

German authorities have kicked off the country's first-ever offshore wind tender. The bidders must stay below EUR 0.12/kWh.

The first German offshore wind auction has begun. Developers have until April 3 to submit bids on projects in the German part of the North Sea and the Baltic Sea, where projects totaling 1.55 GW are up for tender, informs Germany's energy regulatory authority Bundesnetzagentur in a press release (German).

This marks the second time ever that Germany opens an auction for renewable energy. The first time was the Danish/German pilot tender last December, where Denmark's European Energy emerged victorious, winning 50 MW in solar projects auctioned off by Germany. The price was a record-low DKK 0.40/kWh (EUR 0.053).

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Baltic Pipe faces three-month delay

Danish TSO gets permission to resume pipe-laying efforts for most of the gas project, but other sections are postponed to next year. A "large portion" of the gas is expected to flow next year.

Further reading

Related articles

Latest News

See all jobs