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Germany Scales Back Offshore Wind Auctions After Latest Flop

Barchart·12/05/2025 07:06:04
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Germany moved to reduce the capacity it will auction in its offshore wind tender in 2026, following the flop in the latest auction without a single bid made.   The German Parliament approved legislation narrowing the capacity in the 2026 tender to just 2.5 gigawatts (GW) to 5 GW, compared with an earlier plan of auctioning off 6 GW of offshore wind capacity and with as much as 10 GW offered in the auction in August.  The August offshore wind auction without government subsidies failed to attract a single bid, alarming the local offshore…