Merkel cabinet shocks sector with proposal for negative bidding at offshore wind auctions
The amendment approved today also stipulates that in the case of zero bids, one or more subsequent auctioning rounds would take place at future German offshore wind tenders. This so-called ‘dynamic bidding procedure’ would determine zero-subsidy bidders’ so-called ‘ability to pay’ in order to find out how much a future operator must pay in grid fees to transmission system operators (TSOs). Successful bidders will also need to pay the government for preliminary investigations of potential offshore wind sites.