Denmark has unveiled its most ambitious offshore wind tender to date, positioning itself closer to becoming a leading exporter of green electricity. This initiative aims to triple the nation’s offshore wind power output, reinforcing its commitment to renewable energy.

Pioneering Wind Energy

The tender will generate a minimum of 6 gigawatts (GW) from wind energy, potentially expanding to 10 GW across six sites including North Sea I and Kattegat. This expansion represents a significant boost in Denmark’s green energy infrastructure, offering developers the chance to scale their projects effectively.

Lars Aagaard, Minister for Climate, Energy, and Utilities, stated, “Denmark is one step closer to becoming Europe’s green powerhouse.” He underscored the project’s capability to fulfill Denmark’s electricity needs through renewables, aiding in the production of green hydrogen and sustainable fuels for various sectors.

Reflecting on Denmark’s legacy as a pioneer in offshore wind energy, Aagaard reminded that the nation launched the world’s first offshore wind farm three decades ago. With the current capacity at 2.7 GW, Denmark plans to add another GW by 2027.

After reaching a political agreement in spring 2023, the tender framework, which operates without state subsidies, was established. Developers are required to make annual concession payments, with the Danish state retaining a 20% co-ownership in these ventures. Each lease spans 30 years, emphasizing the long-term commitment to wind energy.

Financial and Environmental

The estimated cost for each GW of capacity stands at around $2.3 billion, highlighting the project’s scale and significance. Slated for completion by 2030, these wind farms are integral to Denmark’s goal to cut greenhouse gas emissions by 70% from 1990 levels within this decade.

“The green power produced will be used not only for Danish consumption,” said Aagaard, “but also for export to our neighboring countries and green hydrogen production.”

A Global Example

The launching of the largest offshore wind tender marks a new era in the renewable energy endeavors of Denmark, showcasing a viable path for nations striving to enhance their green energy output. Denmark’s strategic approach serves as an exemplary model for global sustainable energy advancement, highlighting the importance of ambition and international collaboration in the fight against climate change.

Image Source: Nordic Investment Bank