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EnBW pulls out of Norwegian offshore wind auction

ReNews|Mar 8, 2024
NorwayOffshore Wind

A company statement noted that the key factors in EnBW’s decision were the requirement for it to build and own the high-voltage direct current transmission connector and the limitation of state support, capped at 23bn Norwegian kroner. After a thorough analysis of the current parameters of the auction, the company reached a decision to withdraw from the current bidding process.


Company cites rules requiring developers to build and own grid infrastructure as reason for decision

EnBW has announced that its subsidiary Norseman Wind AS will not participate in Norway’s Sorlige Nordsjo 2 auction on 18 March. 

The tender offers the opportunity to install an offshore wind farm with a capacity of 1.5GW in the in the Southern North Sea II.

EnBW was one of five consortia selected to participate in the auction and achieves pre-qualification.

Nevertheless, participation in the auction is dependent on adequate regulatory framework conditions, which the developer currently does not see.

A company statement noted that the key factors in EnBW’s decision were the requirement for it to build and own the high-voltage direct current …

... more [truncated due to possible copyright]

Company cites rules requiring developers to build and own grid infrastructure as reason for decision

EnBW has announced that its subsidiary Norseman Wind AS will not participate in Norway’s Sorlige Nordsjo 2 auction on 18 March. 

The tender offers the opportunity to install an offshore wind farm with a capacity of 1.5GW in the in the Southern North Sea II.

EnBW was one of five consortia selected to participate in the auction and achieves pre-qualification.

Nevertheless, participation in the auction is dependent on adequate regulatory framework conditions, which the developer currently does not see.

A company statement noted that the key factors in EnBW’s decision were the requirement for it to build and own the high-voltage direct current transmission connector and the limitation of state support, capped at 23bn Norwegian kroner.

After a thorough analysis of the current parameters of the auction, the company reached a decision to withdraw from the current bidding process.

EnBW said it remains committed to the Norwegian market and will track Norway’s offshore wind policy and market developments for a potential bid in future auctions.

“We will continue to be a constructive partner in developing Norway’s offshore wind market framework,” the statement added.


Source:https://www.renews.biz/91771/…

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