- Press Releases
January 14 (Renewables Now) - Dutch utility Eneco and Denmark’s European Energy A/S will launch a joint bid in tender for the up to 1-GW Thor offshore wind park in the Danish portion of the North Sea.
The two companies will set up a joint venture (JV), through which they will submit a proposal in the competition, they said on Thursday. Dubbed Swan Wind, the entity has already been qualified by the Danish Energy Agency (DEA).
Denmark has selected the Contract for Difference (CfD) competition model that will determine the winners based on price proposals. Bids in the final tender will be accepted by November 8, 2021. The project will receive state support for 30 years, which can be potentially extended by five more years, DEA said previously.
“We have the experience and the appetite, so we consider our chances are good. With our combined competencies and local market insights, we form a strong joint venture,” said Ruben Dijkstra, director offshore wind at Eneco. European Energy’s CEO Knud Erik Andersen, meanwhile, highlighted that competition is expected to be “tough,” with a large number of contenders.
Planned to have a capacity of between 800 MW and 1,000 MW, the Thor offshore wind park will be the largest one in Denmark, once built. It will be installed off the Nissum Fjord, at least 20 km from the coast, and is anticipated to go online between 2025 and 2027. Its output is expected to be enough to cover the consumption of around 800,000 Danish homes.