Wind Energy – Lithuania
Second Lithuanian offshore wind park tender announced!
Participants will have 90 days to register and submit their documents on 15 April.
Companies seeking to develop the 700 MW offshore wind park, which is planned to be located about 30 kilometers from Palanga, have to meet a range of requirements: from experience in developing offshore wind projects to financial performance and compliance with national security, etc.
Bidders in this tender will be eligible for a 15-year state incentive. The bid would be awarded to the bidder offering the highest development fee or requesting the lowest annual electricity generation incentive from the State at the lowest price.
The winner of the tender will also have to provide funds for environmental protection in the Lithuanian maritime area. Once the offshore wind park is built, the developer will be obliged to make an annual contribution (€1 per 1 MWh of electricity generated) to the communities in the vicinity of the park.
The successful bidder for the park in 136 square kilometer territory will not have to carry out offshore surveys and other activities necessary for the development and construction of the infrastructure, or prepare an Environmental Impact Assessment, which are or will be carried out by the State.
The tender would be considered successful if at least two bidders submitted applications.