Denmark launches its biggest offshore wind farm tender

The Danish Power Company on Monday launched its greatest tender for the development of offshore wind farms, aimed toward producing six gigawatts by 2030—greater than double Denmark’s present capability.

Offshore wind is among the main sources of inexperienced power that Europe is relying on to decarbonize electricity production and attain its 2050 goal of web zero carbon manufacturing, but it surely stays far off the tempo wanted to hit its targets.

Denmark’s offshore wind parks at the moment generate 2.7 gigawatts of electrical energy, with one other one GW due in 2027.

The tender covers six websites in 4 zones in Danish waters: North Sea I, Kattegat, Kriegers Flak II and Hesselo.

“We are pleased that we can now offer the largest offshore wind tender in Denmark to date. This is a massive investment in the green transition,” Kristoffer Bottzauw, head of the Danish Power Company, stated in a press release.

Funding in offshore wind plummeted in Europe in 2022 as a result of provide chain issues, excessive rates of interest and a leap in costs of uncooked supplies, earlier than bouncing again in 2023.

A report 4.2 gigawatts had been put in in Europe final 12 months, when a report 30 billion euros in new tasks had been authorized, the commerce affiliation WindEurope stated in January.

It stated it was optimistic about the way forward for offshore wind in Europe, anticipating new offshore wind capability of round 5 gigawatts per 12 months for the following three years.

Nevertheless, it famous that that was nonetheless far quick of what’s wanted if Europe desires to hit its 2030 goal of 111 gigawatts of offshore wind put in capability, with lower than 20 gigawatts put in on the finish of 2023.

© 2024 AFP