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Denmark to halt offshore wind tenders to revamp subsidy model

Monday, February 3 2025

Wind Energy – Tender

Denmark will halt all ongoing offshore wind tenders as the existing framework where no subsidies are offered does not work under current market conditions, its energy minister Lars Aagaard told a press conference last week.

Surging costs, rising interest rates and supply chain bottlenecks have hit the global offshore wind industry. Denmark said in December that its latest tender for wind at sea had failed to attract any bids.

According to Reuters the government will now start preparations to launch a new offshore wind tender this year with a capacity of two to three gigawatts (GW), where state subsidies might be offered.

“Our assessment right now is that we might be required to support offshore wind. It’s not because we’re happy about it, but it’s necessary,” Aagaard said.

Related posts:

  1. The Danish Energy Agency has not received any bids
  2. Bidding process for new FPSO
  3. Ignitis and OW provisional winners of Lithuanian offshore wind tender
  4. More work in Denmark for Shelf Drilling Winner

Filed Under: Denmark, International projects, Tenders Tagged With: Denmark, tender

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