This Flash Note analyses the viability and implications of Vattenfall’s zero-subsidy bid. It evaluates project economics and assesses future developments expected in the rapidly evolving Dutch offshore wind market.
- Triggered by unexpected German offshore auction results, the Dutch government decided in June to fast-track a zero-subsidy auction in December
- On 19 March 2018, the Dutch Minister of Economic Affairs, concluded the competitive offshore tender for Zuid-Holland 1 & 2 by announcing Vattenfall’s subsidiary Nuon the winner of the subsidy-free contest
- The 700 to 750 MW Zuid-Holland 1 & 2 project is the third out of five tender rounds planned between 2016 and 2019 in support of the government’s ambition to erect 3.5 GW of new offshore wind capacity by 2023
Filed Under: Offshore wind