At a meeting NERC held earlier this month, the regulatory body approved a few changes to the conditions of the offshore wind tender , including a provision that enables the bidders to compete for the opportunity to receive an incentive for the produced electricity 15 years after the issuance of the electricity production permit. The highest possible price in this regard is set to 107.18 EUR/MWh and the lowest is 64.31 EUR/MWh.
Ahead of the tender, the minimum possible installed capacity of the proposed offshore wind farm has also been increased, with the projects now required to have a minimum of 700 MW instead of the initially set 580 MW. The maximum capacity remains 700 MW.
