{"id":353998,"date":"2024-12-11T18:44:24","date_gmt":"2024-12-11T17:44:24","guid":{"rendered":"https:\/\/climatescience.press\/?p=353998"},"modified":"2024-12-11T18:44:26","modified_gmt":"2024-12-11T17:44:26","slug":"denmark-offers-largest-offshore-wind-area-for-auction-but-no-one-bids-anything","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=353998","title":{"rendered":"Denmark offers largest offshore wind area for auction, but no one bids anything"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From JoNova<\/a><\/p>\n\n\n\n

By Jo Nova<\/strong><\/p>\n\n\n\n

\"\"
Photo by\u00a0Kim Hansen<\/a>. Postprocessing by\u00a0Richard Bartz<\/a>\u00a0and\u00a0Kim Hansen<\/a>. |\u00a0\u00a0Wikimedia<\/a><\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

\u201c\u201cThe green transition in Denmark has stalled right now\u201d<\/h4>\n\n\n\n

Denmark was the posterchild for the wind industry.\u00a0 It has the largest share of wind power in its national grid, and is home to the industry giants, Vestas and Orstead \u2014 two of the world\u2019s largest wind-manufacturers.\u00a0 Denmark is planning a large expansion in wind energy (or it was). But when the government offered up three areas of the North Sea that were described as \u201camong the best in the world\u201d, the deadline came and went last Thursday and not a single bid was received.<\/p>\n\n\n\n

Wind energy is free, and no one wants it\u2026<\/p>\n\n\n\n

This is a huge shift from the situation in 2021 when there were so many bids for one wind plant, it ended up being settled by a lottery<\/a>.<\/p>\n\n\n\n

Denmark Gets No Bids in Largest-Ever Offshore Wind Tender<\/a><\/h3>\n\n\n\n

By Sanne Wass and Will Mathis Bloomberg<\/em><\/strong><\/p>\n\n\n\n

High costs and power price risks made auction undesirable<\/p>\n\n\n\n

The Danish Energy Agency didn\u2019t receive a single offer by Thursday\u2019s deadline in the tender to develop three offshore wind farms, it said in a statement<\/a>. It will now initiate a dialog with the market to find out why.<\/p>\n\n\n\n

Between the European Union and the UK, countries aim to have some 150 gigawatts of capacity by the end of the decade, more than quadruple today\u2019s level. The failure of the Danish tender puts that goal further out of reach and similar struggles<\/a> to attract new investment in neighboring Sweden show it\u2019s not an isolated case.<\/p>\n\n\n\n

\u201cThe green transition in Denmark has stalled right now,\u201d Kristian Jensen, chief executive officer of industry group Green Power Denmark, said in a statement. \u201cToo few wind turbines are being built both at sea and on land, and if that situation does not change, we will continue to depend on electricity from brown energy sources.\u201d<\/p>\n\n\n\n

One industry magazine is doing damage control and blames the \u201cDanish auction design\u201d. But the key problem with their design apparently is that it doesn\u2019t have billions of dollars of subsidies. The people of Denmark are not even paying for the grid connection\u2026<\/p>\n\n\n\n

So the free market is telling us that building wind towers in the ocean is a stupid way to make electricity.<\/p>\n\n\n\n

No offshore bids in Denmark \u2013 disappointing but sadly not surprising<\/a><\/h4>\n\n\n\n

Wind Europe<\/em><\/strong><\/p>\n\n\n\n

Denmark\u2019s latest 3 GW offshore wind auction round ended without any bids. That\u2019s a huge disappointment for Denmark and for Europe\u2019s wider energy security and electrification efforts.<\/p>\n\n\n\n

Why did the Danish auction fail to attract bidders?<\/strong><\/p>\n\n\n\n

The main reason for the Danish auction attracting less industry interest than similar offshore wind auctions in Poland, the Netherlands and the UK lies in the Danish auction design.<\/p>\n\n\n\n

The Danish auction system does not foresee any form of state support or revenue stabilisation model \u2013 such as the Contracts for Difference (CfD) used in many other European countries. Instead, offshore wind developers are asked to pay for the right to build a wind farm. Denmark\u2019s uncapped negative bidding creates an unhealthy race to the bottom and unnecessarily increases the upfront costs for offshore wind developers. On top of that Denmark does not pay for the grid connection to the offshore wind farms, instead developers have to take on these extra costs.<\/p>\n\n\n\n

The\u00a0European Union want to pave the oceans with wind turbines<\/a>. At the end of last year, they had 20GW of offshore wind, but they want that to grow to 60GW in just the next five years and reach 300 GW by 2050.<\/p>\n\n\n\n

If that\u2019s going to happen, it will take monster subsidies to conquer the sea of apathy.<\/p>\n\n\n\n

h\/t Greg M<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Denmark was the posterchild for the wind industry. It has the largest share of wind power in its national grid, and is home to the industry giants, Vestas and Orstead \u2014 two of the world\u2019s largest wind-manufacturers . Denmark is planning a large expansion in wind energy (or it was). But when the government offered up three areas of the North Sea that were described as \u201camong the best in the world\u201d, the deadline came and went last Thursday and not a single bid was received.
\nWind energy is free, and no one wants it\u2026<\/p>\n","protected":false},"author":121246920,"featured_media":353999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691831916,691818611,691820837,691818219,691831915],"class_list":["post-353998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-3-gw-offshore-wind-auction","tag-denmark","tag-green-transition","tag-high-costs","tag-power-price-risks","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/12\/00image-soutron-api.jpeg?fit=1917%2C1079&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1u5E","jetpack-related-posts":[{"id":265581,"url":"https:\/\/climatescience.press\/?p=265581","url_meta":{"origin":353998,"position":0},"title":"As predicted, wind industry blackmails the UK \u2013 demands yet more subsidies","author":"uwe.roland.gross","date":"07\/05\/2023","format":false,"excerpt":"Net Zero Watch has urged the Government to stand up for consumers and businesses by rejecting the wind industry\u2019s latest demands for more\u00a0subsidies.","rel":"","context":"In \"Costs\"","block_context":{"text":"Costs","link":"https:\/\/climatescience.press\/?tag=costs"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/image-108.png?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/image-108.png?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/image-108.png?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/image-108.png?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":248584,"url":"https:\/\/climatescience.press\/?p=248584","url_meta":{"origin":353998,"position":1},"title":"Never Enough: Wind Industry Squanders Billions & Demands Even More Subsidies From Taxpayers","author":"uwe.roland.gross","date":"03\/19\/2023","format":false,"excerpt":"Net Zero Watch notes that since the CfD strike prices are inflation-indexed the industry\u2019s excuse does not hold water. On the contrary, the demand for tax breaks confirms that the low bids in the CfD auctions were never accurate reflections of underlying windpower costs.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-744.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-744.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-744.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-744.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-744.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":246307,"url":"https:\/\/climatescience.press\/?p=246307","url_meta":{"origin":353998,"position":2},"title":"Demands for more subsidy expose the illusion of falling wind power costs","author":"uwe.roland.gross","date":"03\/01\/2023","format":false,"excerpt":"\u201cThe belief in falling wind power costs is the central foundation of the government\u2019s Net Zero enterprise, and it is demonstrably false. The absurdity of current Net Zero plans is now exposed for all to see.\u201d","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-16.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-16.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-16.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-16.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-16.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":287785,"url":"https:\/\/climatescience.press\/?p=287785","url_meta":{"origin":353998,"position":3},"title":"Germany To Bail Out Siemens\u2019 Struggling Wind Turbine Division","author":"uwe.roland.gross","date":"11\/13\/2023","format":false,"excerpt":"Siemens Energy, facing significant losses, is in talks for up to 15 billion euros in guarantees, with the German state covering 80% of the initial funding. Siemens AG shares have plummeted over 70% since mid-June, with the company abandoning its 2023 profit outlook due to challenges in its wind turbine\u2026","rel":"","context":"In \"\u00d8rsted\"","block_context":{"text":"\u00d8rsted","link":"https:\/\/climatescience.press\/?tag=orsted-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-369.png?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":277820,"url":"https:\/\/climatescience.press\/?p=277820","url_meta":{"origin":353998,"position":4},"title":"What, No Offshore\u00a0Wind?","author":"uwe.roland.gross","date":"09\/08\/2023","format":false,"excerpt":"No new offshore wind farms are expected to have been bid for in a government auction this week, in a significant blow to the government\u2019s clean energy ambitions.","rel":"","context":"In \"offshore wind farms\"","block_context":{"text":"offshore wind farms","link":"https:\/\/climatescience.press\/?tag=offshore-wind-farms"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0skynews-offshore-wind-turbine_6277996.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0skynews-offshore-wind-turbine_6277996.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0skynews-offshore-wind-turbine_6277996.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0skynews-offshore-wind-turbine_6277996.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/0skynews-offshore-wind-turbine_6277996.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":278429,"url":"https:\/\/climatescience.press\/?p=278429","url_meta":{"origin":353998,"position":5},"title":"Offshore wind encounters financial turbulence","author":"uwe.roland.gross","date":"09\/12\/2023","format":false,"excerpt":"Ambitious plans by the ruling political class, in league with well-connected purveyors of renewable energy, to erect industrial-scale wind-power facilities off the coasts of the United States are running into the harsh commercial realities of an unfavorable economic environment.","rel":"","context":"In \"financial turbulence\"","block_context":{"text":"financial turbulence","link":"https:\/\/climatescience.press\/?tag=financial-turbulence"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/00f9ec8464aaec85a4d1d021a05de53542.jpg?fit=1200%2C599&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/00f9ec8464aaec85a4d1d021a05de53542.jpg?fit=1200%2C599&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/00f9ec8464aaec85a4d1d021a05de53542.jpg?fit=1200%2C599&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/00f9ec8464aaec85a4d1d021a05de53542.jpg?fit=1200%2C599&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/00f9ec8464aaec85a4d1d021a05de53542.jpg?fit=1200%2C599&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/353998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=353998"}],"version-history":[{"count":4,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/353998\/revisions"}],"predecessor-version":[{"id":354004,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/353998\/revisions\/354004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/353999"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=353998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=353998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=353998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}