Vattenfall Ready for German Offshore Wind Tender with 3 Projects

Vattenfall is expected to participate in the first competitive offshore wind tender in Germany with three projects. 

The company today welcomed the launch of German tender for 1.55GW of offshore wind capacity, saying three of its projects meet the criteria to take part in the auction currently underway.

These include the Atlantis I and Global Tech II projects, which Vattenfall acquired in January of this year and in the summer of 2016, respectively. The third project is Nördlicher Grund Teil Sandbank, part of a larger Sandbank offshore wind plan that includes 64 additional turbines of which 24 have been approved.

The deadline for submission of bids is 3 April and the upper limit for the compensation of offshore wind power is set at 12 Eurocents per kilowatt hour.

Gunnar Groebler, Vattenfall’s Head of Business Area Wind, said that the results achieved in Denmark and the Netherlands through competitive tenders carried out last year show a clear trend of falling offshore wind costs. He pointed out that Vattenfall had set a new benchmark for cost-efficiency with the price of 4.99 Eurocents per kilowatt hour for the Danish Krieger Flak project.

“Although the costs for offshore wind projects cannot be transferred with a 1: 1 ratio due to the different framework conditions for offshore wind projects in Germany, there is much evidence that the basic trend will also be introduced here,” Groebler said.

Offshore WIND Staff