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Official launch of tender for 700 MW offshore wind farm  

Tuesday, November 26 2024

Wind Energy – Belgium

Belgian Energy Minister Tinne Van der Straeten announces the launch of the tender for the construction of the first wind farm in the Princess Elisabeth area of the Belgian North Sea.

The launch marks the start of an international competition in a sector where Belgium has been a pioneer since 2008 with the construction of its first offshore wind farms. Candidates have nine months to submit their bids.

The winner will be the developer with the most competitive offer in terms of price, while at the same time meeting innovative criteria such as public participation and sustainability.

With a total capacity of 5.8 GW expected by 2030, Belgium’s North Sea wind farms will generate green and affordable electricity, enough to meet the energy needs of all Belgian households. This development will also increase energy security while reducing CO2 emissions.

The new offshore wind farms will benefit from a contract for difference (CfD) support mechanism, ensuring financial stability for 20 years. This system compensates developers when electricity prices fall below a certain threshold and prevents excess profits when prices rise. On 13 September, the European Commission approved this design as part of a state aid dossier submitted by Belgium.

Tinne Van der Straeten: “This flagship project demonstrates our commitment to accelerate the energy transition while strengthening Belgium’s energy security. It allows us to take control of our energy future and reduce our dependence on fossil fuels. Moreover, by making citizen participation and sustainability key selection criteria, the Princess Elisabeth zone is laying the foundations for an energy future that is firmly focused on citizens.” 

The wind farm is expected to be operational by the end of 2028.

Related posts:

  1. Letter of intent to fulfill joint ambitions
  2. Launch of Belgium’s first auction for Princess Elisabeth offshore wind zone
  3. France launches two new offshore wind tenders
  4. France set to bet on floating wind in 10 GW tender

Filed Under: Belgium, International projects, Princess Elisabeth, Tenders Tagged With: Belgium, north sea, Princess Elisabeth Zone, tenders

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