The projects tendered in this round will be built without state subsidies and with a yearly concession payment. This means, that the bidders will participate in the tenders by bidding a yearly concession payment to the Danish state across a 30-year period, for the right to use the seabed.
The concession payment is combined with the Danish state co-owning each of the tendered offshore wind farms with a minority ownership of 20 per cent.
Denmark’s operating offshore wind farms currently have a capacity of 2.7 GW.
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