Germany gears up to reap OSW rewards following zero-subsidy bids
All sites in the North Sea and the Baltics attracted zero-subsidy bids in the largest-ever German tender. Now in round 2, solicitors will fight for who will pay the most for offshore wind.
by maz plechinger, translated by simon øst vejbæk & christian radich hoffman
The northern European ocean floor has become a valuable resource. Despite recent years’ surging interest rates and costs, most industry stakeholders seem to agree on that fact. The largest ever German tender also reflects that, as four new sites of a combined 7GW has attracted several ”zero-cent-bids,” German media Bundesnetzagentur reports.
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