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Danes schedule Thor talks

By: Tom Russell 05/09/2019 Danish Energy Agency

General Windfarms

The Danish Energy Agency and transmission system operator Energinet have scheduled for 25th of November 2019 market dialogue for potential bidders and investors for the upcoming Thor offshore wind farm tender. The Danish Energy Agency has also published the results of the technical dialogue held in May 2019 concerning site-investigations for the site.

The aim of the market dialogue is to optimise the tendering material in order to ultimately obtain the lowest possible bid price. During the market dialogue, the main elements of the tendering process will be presented and discussed with potential bidders and investors. Potential bidders will thus have the opportunity to influence the framework conditions and the tendering material for Thor Offshore Wind farm.

The market dialogue will mainly be focusing on the following topics:

Timetable for the tendering process
Conditions for pre-qualification
Award criteria and financial terms
Compliance penalties
Environmental assessment
Issues related to the grid connection

The marked dialogue takes place on the 25th of November 2019 from 10:00 am at the Danish Energy Agency, Carsten Niebuhrs Gade 43, 1577 København V.In addition to the plenary meeting it is also possible for potential bidders and investors to arrange bilateral meetings of a more confidential nature with the Thor offshore wind team.

In preparation for the market dialogue, the Danish Energy Agency will publish more information at the end of October 2019, which elaborates on the above topics, and raises key issues for discussion during the market dialogue. A detailed program for the market dialogue is expected to be published at the end of September 2019.

In May 2019, the Danish Energy Agency and Energinet (the Danish TSO) held a technical market dialogue on preliminary site-investigations for the Thor site. The dialogue resulted in requests for supplementary surveys, which could help lower the bid price. In particular, the bidders requested more knowledge about ON-SITE wind and OCEAN measurements as well as additional geotechnical surveys, which will now be included in the program for preliminary site-investigations.

The tender for Thor is due to be launched later this year, and to conclude in late 2021. Located 20km off the West Coast of Jutland in North Sea, Thor will be the first of three projects included in the 2018 Energy Agreement to be built over the next decade, with first power expected in Q2 2024 and full commissioning by 2027. Combined, the projects are expected to supply electricity to approximately 800,000 Danish households. The Ministry anticipates that they will contribute to job creation in Denmark, with the first offshore wind farm projected to create 8,200 jobs during its construction phase.

Wind energy currently covers approximately 8% of Denmark's total energy consumption. The country has over 1,200 MW of offshore wind power in operation with two projects currently under construction. This includes the Horns Rev 3 and Kriegers Flak projects, both owned by Swedish energy company Vattenfall.

For more information on offshore wind farms worldwide, click here.

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Danes schedule Thor talks

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