Germany considers lifting the offshore wind target to 40 GW by 2040, with an interim goal of 20 GW by 2030, under a new version of its offshore wind law. The legislation, if adopted, will increase the country’s current offshore wind goal of 15 GW by 2030. The new targets were unveiled last week as draft legislation that would amend the Offshore Wind Act WindSeeG and potentially enable the production of green hydrogen, as well. The draft bill also contains plans for a new, yet unspecified, tendering model for offshore wind projects. Details about that model were not publicly announced, though Germany’s Wind Energy Agency (WAB) alarms that a novel scheme “could considerably slow down” the deployment of offshore wind in the country. The agency and the Association of German Offshore Windfarm Operators (BWO) have been recently advocating for the introduction of the contracts for difference (CfD) mechanism, saying that it could stabilise the investment environment and lower the burden on consumers.
Renewable Now 1st June 2020 read more »