(OW) After awarding four offshore wind areas to BP and TotalEnergies for EUR 12.6 billion through its first dynamic bidding process last month, the German Federal Network Agency (BSH) has now awarded further sites for a total of EUR 784 million in the process organised for four centrally pre-investigated areas. Three of the new four... Continue Reading →
Shell-EDF Joint Venture Submits Bid in New Jersey’s Third Offshore Wind Solicitation
(OW) Atlantic Shores Offshore Wind, a 50:50 joint venture between Shell New Energies US and EDF-RE Offshore Development, has submitted a proposal to the New Jersey Board of Public Utilities (NJBPU) in the state’s third offshore wind solicitation. New Jersey opened the solicitation in March and is looking to award between 1.2 GW and 4... Continue Reading →
Ingka Investments, KEPCO Join UtsiraVIND Floating Consortium
(OW) Japanese utility Kansai Electric Power Corporation (KEPCO) and Ingka Investments, the investment arm of Ingka Group, have joined the UtsiraVIND consortium, which will be bidding in the upcoming tender in Norway for the Utsira Nord area. The UtsiraVIND consortium originated as a partnership between Odfjell Oceanwind, a Norwegian provider of floating offshore wind technologies, and Source Galileo, a... Continue Reading →
US Pinpoints Up to 8 GW of Offshore Wind Areas in Central Atlantic
(OW) The US Bureau of Ocean Energy Management (BOEM) has announced three final wind energy areas (WEAs) offshore Delaware, Maryland, and Virginia, which, if fully developed, could support between 4 GW and 8 GW of offshore wind capacity. The three WEAs total approximately 356,550 acres. The first WEA (A-2) is 101,767 acres and is located... Continue Reading →
Guyana Extends Offshore Oil Block Bids Deadline to Attract New Explorers
(Reuters) Guyana extended to Sept. 12 a deadline for companies to submit bids for its first competitive auction of oil blocks, the government said in a statement on Wednesday. The South American nation has delayed the offer of 14 offshore blocks four times before. The round is intended to recruit new explorers and lessen the... Continue Reading →
Portugal Zooms In on Three Offshore Wind Areas with 3.5 GW Capacity for Upcoming Auction
An inter-ministerial working group on offshore wind set up by the Portuguese government as part of the process of organising the country’s first offshore wind tender has narrowed down the initially identified areas to three that would be offered for development later this year. As reported at the beginning of this year, the working group... Continue Reading →
WindEurope: ‘European Governments Should Not Follow German Example of Negative Bidding’
Following the results of the latest German offshore wind auction, which went into the so-called negative bidding stage and ended up earning the State billions from the winning developers, WindEurope warned that this would be passed on to consumers and the supply chain, and called on the German government to avoid this approach in future... Continue Reading →
Germany Rakes In EUR 12.6 Billion Through ‘Dynamic Bidding’ Offshore Wind Auction
(OW) Germany’s first dynamic bidding process, covering four offshore wind zones with a combined capacity of 7 GW, has generated EUR 12.6 billion in proceeds, according to the Federal Network Agency. The bidding period for the participation in the tenders for the four areas that were not centrally pre-examined ended on 1 June. The auction... Continue Reading →
SSE Renewables Calls for More Use of Non-Price Criteria in Offshore Wind Auctions
SSE Renewables is calling on European governments and regulators and internationally to make greater use of non-price criteria (NPC) in offshore wind energy auctions, whether for seabed or for contracts for difference (CfD). The renewable energy company said that the use of non-price criteria in auctions for new offshore wind can help support a sustainable... Continue Reading →