Denmark’s Largest-Ever Wind Power Tender Receives No Bids

Denmark recently faced a setback in its efforts to expand its offshore wind capacity as it received no bids in its largest-ever wind power tender. The tender, aimed at more than tripling Denmark’s offshore capacity by the end of the decade, failed to attract any interest from developers.

The Danish Energy Agency announced that it had not received a single bid for three offshore wind farms in the North Sea by the deadline. As a result, the agency will now engage in a dialogue with the market to understand the reasons behind the lack of bids.

Denmark’s Climate and Energy Minister, Lars Aagaard, expressed disappointment over the results, stating that they were not in line with expectations set when the political agreement to expand offshore wind capacity was made. The goal of the tender was to establish at least 6 gigawatts of wind power at sea in six parks by 2030.

Aagaard acknowledged that the lack of bids for the first round does not bode well for the remaining three farms in the tender. However, he remains hopeful that other players and business models may come into play as the deadline for the next round of bids approaches in April.

Denmark, known for being home to leading wind-energy companies like Vestas Wind Systems A/S and Orsted A/S, sees the development of offshore wind parks as crucial to achieving its target of becoming carbon neutral by 2045. The Danish state was planning to take stakes of 20% in the new offshore parks.