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2021 Offshore Wind Auction in Germany

Source: 
Lexology

It is the first of its kind auction based on the so-called "central model". This auction design has been implemented by the Offshore Wind Energy Act (Windenergie-auf-See-Gesetz - WindSeeG) in 2017. The agency launched 958 MW in grid connection capacity across three areas in the North and Baltic Seas, at a maximum bid value of EUR 73 per MWh. These projects are scheduled to be commissioned in ...

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