Taiwan’s government has cancelled the development rights for two offshore wind projects from the most recent Phase 3.2 auction ... The five tender winners were originally announced in August 2024, with a total of 2.7GW in offshore wind capacity.
... will set a strong foundation for successful development of the Camarines Sur offshore wind project, including anticipated participation in the upcoming first offshore wind auction," he said.
... will set a strong foundation for successful development of the Camarines Sur offshore wind project, including anticipated participation in the upcoming first offshore wind auction,” Helms said.
The offshore wind auction, set for the first half of 2025, will maintain the ceiling bid price from last year at 176,565 KRW per megawatt-hour (MWh), equivalent to about €113 ... offshore wind projects.
By DanielMoss / Bloomberg Opinion... The rupiah has gained this quarter after disappointing last year, and a recent bond auction was well-received. Offshore investors are warming to the nation’s stock market after seven months of outflows ... .
Industry players are also pushing for capacity auctions that would enable utility and industrial buyers to ... Thus far, Japan has auctioned around a tenth of the offshore wind capacity it aims to have.
But its plans have stalled after three rounds of auctions to develop capacity ... That rule is already in place for the second auction and onwards ... Thus far, Japan has auctioned about a tenth of the offshore wind capacity it aims to have.
This is now where all currently planned offshore wind farms are set to be developed under the government’s (east coast) and ORESS-2 (south coast) auctions in the coming years, which will justifiably employ fixed-bottom offshore wind technology.
... first day in office signing an executive order that barred the government from auctioning off the rights to build wind farms offshore and also temporarily blocked new rights for wind on public lands.
Estonia also wants to expedite auctions and licensing of newly designated offshore wind areas, such as the Saare 7 site, 7 miles west of the island of Saaremaa.
The UK is not on track to meet its CleanPower 2030 target of between 43 and 51GW of offshore wind capacity, so the upcoming allocation round needs to be the most ambitious auction round yet.
Fixed offshore wind projects rose to £82.16 per MWh in last year’s auction, while solar generators and onshore wind farms sat at £69.87 and £71.03, respectively – not cheap enough to significantly reduce consumer bills.