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Germany launches 7GW offshore wind tender with negative bidding

Wednesday, February 1 2023

Wind Energy – Auction

German energy regulator Bundesnetzagentur has launched an auction for four new offshore wind sites in the North Sea and the Baltic with a combined capacity of 7GW.

The auction will be held using a ‘dynamic’ bidding process whereby bids as low as zero cents per kilowatt hour will be considered.

If multiple bids are tied for the lowest value, the bidder with the greatest willingness to pay will be awarded the lease.

This so-called ‘negative bidding’ arrangement for auctions has been consistently criticized by the wind industry in the past.

Up for tender are three sites in the North Sea, around 120km northwest of Heligoland – each with a 2GW capacity. An additional 1GW site in the Baltic Sea is located about 25km off the coast of Rügen Island.

The Federal Network Agency said the tender marked an important step towards Germany achieving its offshore expansion goal of 30GW by 2030.

The agency confirmed that there is no preliminary investigation of the proposed sites that would typically analyse the marine environment, subsoil and meteorological conditions.

Related posts:

  1. Denmark and Germany to expand Bornholm Energy Island capacity
  2. RWE wins bid confirms Federal Network Agency
  3. EnBW and Equinor to jointly pursue German offshore wind opportunities
  4. CIP and Ignitis Renewables win second Estonian offshore wind tender

Filed Under: auction, Germany, International projects, negative bidding Tagged With: auction, Germany, negative bidding

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