The fourth site that BSH awarded through the last auction round in Germany, N-6.7, was secured by Waterkant Energy.
The Federal Network Agency will use 90 per cent of the fees to be paid by the winners, which total EUR 784 million, to reduce electricity costs for consumers, five per cent for marine nature conservation and another five per cent for the promotion of environmentally friendly fishing.
offshoreWIND.biz is read by thousands of professionals every day.
Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.
Follow offshoreWIND.biz on:
Join thousands of industry professionals who start their day with our newsletter.
The proportions of the bid values awarded for marine nature conservation must be paid into the federal budget within one year. Starting with the completion date of the wind farms in 2028, the electricity cost reduction component is to be paid over a period of 20 years in constant annual instalments to the transmission system operator who is responsible for the project’s grid connection.
The BSH has the same plan for the use of the proceeds from the previous auction round, in which BP and TotalEnergies were each awarded two sites.
Last month, the BSH published the results of the tenders for four offshore wind areas with a combined capacity of 7 GW, which had not been centrally pre-investigated with regard to the marine environment, the subsoil and the wind and oceanographic conditions: N-11.1, N-12.1, and N-12.2 in the North Sea and the area O-2.2 in the Baltic Sea.
The previous auction rund entered the dynamic bidding (negative bidding) stage after the Federal Network Agency received eight zero-subsidy bids for the three North Sea areas and nine zero-subsidy bids for the Baltic Sea area, which generated EUR 12.6 billion in proceeds.
Follow offshoreWIND.biz on:
12 days ago
about 3 years ago
After awarding four offshore wind areas to BP and TotalEnergies for EUR 12.6 billion through its first dynamic bidding process last month, the German Federal Network Agency (BSH) has now awarded further sites for a total of EUR 784 million in the process organised for four centrally pre-investigated
