Search results for: Auction

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  • 2 December 2019

    Ireland has revealed details of the Renewable Electricity Support Scheme (RESS) auction which has received government approval as the country looks to move to 70% renewable electricity by 2030. RESS is an auction-based scheme which invites renewable electricity projects, including offshore wind, to bid for capacity and receive a guaranteed price for the electricity they […]

  • 20 December 2016
    Authorities, Business & Finance, Contracts & Tenders

    The European Commission has found amendments to the German Law on support to the production of renewable electricity (EEG 2017), which stipulate that support will mainly be granted through competitive auctions and not through feed-in tariffs from 2017 onward, to be in line with EU state aid rules. The amended EEG 2017 also included a draft bill […]

  • 16 March 2017
    Authorities, Business & Finance, Environment, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) will today auction off 122,405 acres offshore North Carolina for commercial wind energy leasing. The monetary auction will start at 9 AM Eastern Time (2 PM CET) with Offshore WIND providing updates as the action progresses. Six developers are left in contention for the offshore wind lease area off Kitty Hawk, including AVANGRID […]

  • 2 December 2015

    Erasmus University Rotterdam and Royal Haskoning DHV have studied the optimal bidding strategy in Dutch offshore wind auctions. Bidders might bid too high and lose the auction, or bid too low and don’t get the expected return they planned. One can minimize these risks by basing their offer on knowledge about auctions combined with valuation skills […]

  • 16 December 2016

    [The auction has ended after the 33rd round.] Rounds (reverse chronological order): 16 December: 32nd round (closed at 16:00 CET): asking price – USD 39,469,725; 2 bidders. 31st round (closed at 15:40 CET): asking price – USD 36,469,725; 2 bidders. 30th round (closed at 15:20 CET): asking price – USD 33,469,725; 2 bidders. 29th round (closed at 15:00 […]

  • 13 April 2017
    Authorities, Business & Finance, Grid Connection, Wind Farm Update

    Germany’s Bundesnetzagentur has selected three offshore wind projects by DONG Energy and one project by EnBW in the first auction for grid connections and funding for existing offshore wind farm projects, with one of the operators offering the lowest price bid of 0.00 Euro cents per kilowatt-hour.

  • 4 December 2011

    The Bureau of Ocean Energy Management (BOEM) is seeking comments on proposed lease sale auction procedures designed specifically to meet the needs of offshore wind development on the Outer Continental Shelf (OCS) as part of the Secretary of the Interior’s “Smart from the Start” initiative. Based on its own research and an auction study commissioned […]

  • 26 June 2020
    Authorities, Contracts & Tenders

    Taiwan’s Ministry of Economic Affairs plans to hold three offshore wind auctions for a combined capacity of 5 GW by 2023. The ministry expects to hold what would be Taiwan’s third auction round in the second quarter of 2021, offering 1 GW capacity in the process. The country’s fourth and fifth auction rounds will be […]

  • 16 December 2014
    Authorities, Grid Connection

    The first Capacity Market auction, which started at 09:00 today, is the next stage in the Government’s plan to ensure the lights stay on at the least cost – both now and in the future. The aim of the Capacity Market is to make sure that there is enough capacity available to meet peak electricity […]

  • 16 June 2017
    Contracts & Tenders

    As the UK government is scheduled to announce the winners of the Contracts for Difference (CfD) auction in autumn, projections on the offshore wind prices are emerging, with results of the latest offshore wind tender in Germany setting a benchmark.

  • 6 November 2017

    Ireland’s Department of Communications, Climate Action and Environment (DCCAE) is running the final public consultation on the development and design of a new renewable energy support scheme, with the consultation period closing on 10 November. 

  • 14 May 2012

      The Indian ministry of new and renewable energy has established an inter-ministerial board of secretaries and in that way started the planning process to auction or award offshore wind farms, according to The Times of India news portal.   The board will outline the policy guidelines, approve and oversee implementation of the projects and identify private or public […]

  • 18 April 2017
    Authorities, Business & Finance, Environment, Grid Connection

    Lower Saxony’s Minister of Economic Affairs, Olaf Lies, has called for an increase in Germany’s offshore wind targets following historically low bids in the first auction round in Germany.

  • 25 July 2018

    On Tuesday, 24 July, the Irish government approved a new scheme that will support renewable energy projects through a series of auction, with the first competitive process scheduled to take place in 2019 and set to deliver ‘shovel ready’ projects.

  • 4 September 2013

    Earlier this summer, Department of Interior (DOI) announced the nation’s second auction for offshore wind energy, which will take place offshore Virginia. The auction will commence at 10:30 a.m. Eastern Daylight Time today. It will offer almost 112,800 acres offshore Virginia for a commercial wind energy lease. If a provisional winner has been identified prior to end of day, an announcement will […]

  • 5 February 2019
    Authorities, Contracts & Tenders, Wind Farm Update

    Vineyard Wind LLC has filed an emergency motion to stay the conduct of the ISO New England (ISO-NE) LLC Forward Capacity Auction with the Federal Energy Regulatory Commission (FERC). The developer of the 800MW Vineyard Wind offshore wind project has requested that the procedure, which started on 4 February, is halted until FERC responds to a petition […]

  • 14 December 2018
    Business & Finance, Contracts & Tenders

    The US Bureau of Offshore Energy Management (BOEM) has resumed the auction for commercial wind energy leasing offshore Massachusetts.

  • 29 August 2016
    Authorities, Business & Finance, Environment, R&D, Training & Education

    The U.S. Bureau of Ocean Energy Management (BOEM) will hold a seminar and a public meeting in North Carolina to discuss the recently announced Proposed Sale Notice (PSN) and Request for Interest (RFI) for 122,405-acre Kitty Hawk Wind Energy Area (WEA). The PSN and RFI requests that any prospective bidders already qualified for commercial wind energy development offshore North […]

  • 19 October 2018
    Authorities, Contracts & Tenders

    The US Bureau of Ocean Energy Management (BOEM) will hold the next offshore wind auction offering nearly 390,000 acres offshore Massachusetts on 13 December.

  • 15 January 2013

    As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy development, the Bureau of Ocean Energy Management (BOEM) has scheduled public seminars in Rhode Island and Virginia to explain how offshore wind developers can participate in upcoming auctions for renewable energy development in federal waters offshore Rhode […]

  • 4 March 2013

    Offshore Wind Power USA conference, held on 26-27 February 2013 in Boston, Massachusetts, saw discussions regarding the impact of the Federal Government’s plan to auction offshore wind sites on proposed projects that have already been put in motion. Developers, which have been chosen by some states to implement offshore wind projects, are concerned that the […]

  • 29 June 2015
    Authorities, Grid Connection

    The UK Government today published the parameters for the next Capacity Market auction to ensure the UK has sufficient capacity to meet electricity demand for 2019/20. The parameters outline the criteria for energy suppliers to apply and partake in the Government’s second capacity market auction, expected to take place in December 2015. This year interconnectors are […]

  • 14 June 2016

    The US Bureau of Ocean Energy Management (BOEM) is holding public meetings and an auction seminar on New York’s offshore wind energy this month. BOEM released an Environmental Assessment (EA) for commercial wind lease issuance, site characterization activities, and site assessment activities on the Atlantic Outer Continental Shelf offshore New York after US Secretary of the Interior Sally Jewell […]

  • 1 April 2011
    Grid Connection

    Together with the operating company BritNed Development Ltd., Siemens Energy has placed the BritNed HVDC transmission link between Britain and the Netherlands into operation. BritNed is a joint venture of National Grid, the international electricity and gas company and one of the largest investor-owned utilities in the world, and TenneT, the Dutch grid operator based […]

  • 23 July 2018
    Authorities, Business & Finance, Contracts & Tenders, Jobs & Recruitment

    The UK government plans to set out the parameters of the next year’s Contracts for Difference auction later this year, Energy and Clean Growth Minister Claire Perry said.

  • 18 February 2014
    Wind Farm Update

    Virginia-based energy company Dominion plans to join the bidding process for Maryland offshore wind leases, and the company today applied with the Bureau of Ocean Energy Management (BOEM) to participate in the auction. The area of nearly 80,000 acres off the coast of Maryland will be auctioned in two separate leases. The North Lease area totals […]