AMWatch

Lottery process to find winner of huge wind power tender criticized

The auction arranged for Denmark's biggest offshore wind farm was settled by drawing lots. "Unfortunate" and "unfair" are some of the responses from players involved in the process, such as Copenhagen Infrastructure Partners. It provides food for thought, says the Danish Energy Agency.

Photo: RWE

The auction for offshore wind farm Thor proved to be a historic turning point for the industry, generating quite the buzz, as decades worth of subsidies for the wind sector were replaced by a number of utilities willing to pay the Danish state DKK 2.8bn (EUR 390m) to win the tender.

Behind all euphoric facade, however, is a fierce criticism of the process that led to the winner of the 1GW wind farm being determined by drawing lots, with German RWE emerging victorious. All of five companies were prepared to pay the highest amount alllowed.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch