The Danish offshore wind power project has ended with out a bidder, putting European offshore wind power on alert.
Reuters reported on the sixth (local time) that the North Sea offshore wind power generation tender conducted by the Danish Energy Agency ended with out a successful bidder.
Danish authorities said that it was an effect of changes in the present offshore wind power generation market and that they were planning to conduct an in depth investigation.
Offshore wind power generation has been rapidly increasing along European coasts, including the Baltic Coastline, until recently. A recent example is that on October 21, the Norwegian state-owned company Statcraft submitted a plan to put in an offshore wind power plant on the Baltic Coastline, an economic zone in Sweden.
As well as, France and the UK focused on installing offshore wind power to attain their carbon neutrality goal, and planned to put in 22.5 gigawatts (GW) of offshore wind power plants within the Baltic Sea by 2030 and 46.8 GW by 2050.
Nevertheless, it is claimed that this announcement has put the brakes on plans to put in offshore wind power.
“It is a very disappointing result,” said Danish Climate and Energy Minister Lars Agard. “The European offshore wind market has modified significantly in a brief time period.”
Denmark cited inflation, rate of interest hikes, and provide chain bottlenecks because the predominant causes. It was believed that the dearth of subsidies for bidding also had a negative impact.
It’s noteworthy that Sweden previously opposed the installation of 13 offshore wind power projects planned within the Baltic Sea for national security reasons. Since then, the situation of offshore wind power in Europe is rapidly changing, with electricity rates falling because of the oversupply of renewable energy.
Reporter Jaeseung Lee energy@aitimes.com
