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Vattenfall preps 3 projects for German offshore wind auction

Sandbank wind farm. Source: Vattenfall (news.vattenfall.com)

Feb 1 (Renewables Now) - Swedish state-owned energy group Vattenfall AB expects to take part in the recently-announced 1.55-GW offshore wind tender in Germany with up to three projects, it said on Tuesday.

In a statement welcoming the start of the bidding process, Vattenfall said it is likely to participate with the 584-MW Atlantis I project, the 79-turbine Global Tech II scheme and the “Noerdlicher Grund, Teil Sandbank” project in the North Sea. The Swedish utility agreed to buy the Atlantis I project from Germany’s PNE Wind AG (ETR:PNE3) less than a month ago.

Interested parties can submit bids through April 3, 2017. The upper limit for the compensation of offshore wind power is set at EUR 0.12 (USD 0.13) per kWh, or EUR 120/MWh.

Gunnar Groebler, director of Vattenfall’s wind power business unit, said he expects the trend towards decreasing costs to be introduced in Germany just like in Denmark and Netherlands, even though the framework conditions for offshore wind projects are different.

A tender in the Netherlands was won in July by Dong Energy A/S (CPH:DENERG) at just EUR 72.7 per MWh, while Vattenfall won late in 2016 the Kriegers Flak offshore wind tender in Denmark with a record low bid of EUR 49.9 per MWh.

(EUR 1.0 = USD 1.080)

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