EU approves sustained fixed price on German offshore wind

Although recognizing that new zero-subsidy bids may not necessarily emerge, the model for future German tenders very much draws upon the previous ones. And this in a way that makes most of the next tender's results seem given beforehand.

Photo: Trianel Borkum II

Germany has received the OK from the EU Commission for its new offshore wind subsidy model. The model passed last year and will facilitate the planned expansion from the current capacity of almost 8 GW to 20 GW by 2030 and to 40 GW by 2040 via, initially, a number of annual tenders up until 2025.

"The Commission found that the aid is proportionate and limited to the minimum necessary, as the level of aid will be set through competitive tenders," states the Commission.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs