Three out of a total of six gigawatt offshore wind were put out to tender, but not a single bid came in December 2024. (Archive photo). Photo: Thomas Traasdahl/Ritzau Scanpix
Denmark’s largest wind tender failed due to multiple reasons
In December 2024, Denmark’s largest wind power project encountered the worst scenario when no bids were placed. The Boston Consulting Group’s report, commissioned by the Danish Energy Agency, attributes the failure to uncertain revenue prospects and inflexible cost structures. Out of six...
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