Negative Bidding to Decide 2.5gw German Offshore Wind Tender
Wind Power News 2:17 pm on June 7, 2024
** A 2.5GW offshore wind tender is being decided through negative bidding, with no subsidies offered for the development of two North Sea sites, potentially supporting significant capacity expansion without financial aid.
- Negative Bidding Mechanism: A unique approach to bid in which developers commit to projects even if they don't receive subsidies.
- Potential Capacity Expansion: Two offshore wind sites could support a 2.5GW increase in capacity without state financial assistance.
- North Sea Prospects: The tender focuses on promising locations within the North Sea region for development.
- Industry Impact: This method may signify a shift towards more sustainable and financially viable offshore wind project models.
https://www.windpowermonthly.com/article/1876065/negative-bidding-decide-25gw-german-offshore-wind-tender