The Germany Federal Network Agency has announced the results of the offshore tenders for areas that were not centrally pre-investigated, with a bidding deadline of 1 June 2024. The dynamic bidding process for both areas raised a total of €3.0225 billion.
Offshore Wind One GmbH secured the contract for area N-11.2 with a bid value of €1.305 million per MW, amounting to €1.9575 billion. EnBW Offshore Projektgesellschaft 1 GmbH won the contract for area N-12.3 with a bid value of €1.065 million per MW, totalling €1.065 billion. In 2023, the average award value per GW was €1.8 billion.
The successful bidders are now entitled to undertake the planning approval process for constructing and operating wind turbines on the site, as well as securing connection and grid capacity.
The tenders involved two areas with a total volume of 2,500 MW, located in the North Sea about 120 km northwest of Heligoland. These areas, with capacities of 1,500 MW and 1,000 MW respectively, are scheduled to become operational by 2031.
The dynamic bidding process was conducted online due to multiple zero-cent bids: nine for area N-11.2 and seven for area N-12.3. This process differentiates bids competitively when several zero-cent bids are received. Contracts were awarded to bidders demonstrating the highest willingness to pay. There were 46 bidding rounds for area N-11.2 and 55 rounds for area N-12.3.
