Danish Energy Agency continues energy island market dialogue

4C Offshore | Tom Russell
By: 24/09/2021 DEA
The Danish Energy Agency (DEA) has invited potential tenderers and relevant market operators to participate in the second market dialogue on the coming tender regarding the construction and co-ownership of the Energy Island in the North Sea (Energy Island).

The artificial energy island is being developed in an effort to form a connection between several countries and offshore wind farms in the North Sea. It is envisioned with a starting capacity of 3 GW from connected offshore wind farms. The capacity may increase to 10 GW in future. The total investments for the island itself, infrastructure and associated offshore wind farms will be approximately DKK 210 billion (€28 billion or £24 billion).

The market dialogue is part of the DEA’s preparations for the coming procurement procedure for the construction and co-ownership of the Energy Island. The dialogue is an opportunity for potential tenderers to discuss the expected main elements of the tender as well as providing the DEA with useful inputs and recommendations.

In order for the coming procurement framework for the construction and co-ownership of the Energy Island to target the relevant tenderers, the DEA wishes to learn from the market dialogue how to optimise the timetable, how co-ownership should best be structured, how an artificial island could be constructed, and how the project as a whole will become a profitable investment for both the commercial co-owner and the Danish State. In this way, the framework for the procurement can be optimised in order for the Danish State to receive good and qualified tenders.

Comments and answers to the questions and topics raised in the discussion paper must be submitted to the DEA no later than 15 October 2021 at 12:00 noon. Following this, the DEA will submit invitations to dialogue meetings to selected participants on 18 October 2021.

The Discssion Paper II is available on the DEA website
here.