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23 Apr 2024: The tender documents have been released. Each project has a different set of conditions, and different end dates. Hesselø's submission deadline is 1 April 2025. Hesselø was formerly to be constructed a year before other projects, but has now been pushed back to 2030. While the tenders require a number of minimum criteria, the only criteria that participants will be judged against is the concession price. The concession payment (1/30th of the concession price) is a non-indexed payment spread equally over 30 years from the first request of the Danish Energy agency(DEA). Should the developer wish to extend the lifetime of the project, the concession payment will be paid annually for the duration of the extension. This will remain as a non-indexed payment The tender area has a minimum capacity of 800 MW (can be slightly larger if 800 is not divisible by the turbine capacity, e.g 810 MW if using 54x15MW turbines), with the potential to overplant another 400 MW of capacity. Overplanting is limited to 400 MW due to environmental concerns and can be reduced further from the results of an on or offshore EIA. The wind farm will have a lifetime of 30 years from when the electricity generation license is awarded (first power). The tender documents state that a 10 year extension may be given due to "the possibility of the Concessionaire to receive a return on the invested capital is considered minimal and subject to uncertainty." The concessionaire must additionally use recyclable turbine blades where up to 70% by weight is recyclable. After 6 months, State Holdings, must buy a 20% stake in the wind farm. The tenderer must have an annual average income of DKK 32 billion (EUR 4.3 billion) over the last three years and a total equity ratio of 20%. The tenderer must additionally display experience with a windfarm within the last 10 years that: had CAPEX of at least DKK 500 million (EUR 67 million); has a depth of at least 10m; has a lifetime of at least 25 years. Should the tenderer win, it must provide a guarantee to the amount of DKK 1,142,400,000 to the DEA. The concessionaire, should they want to connect to the grid, must agree to enter into a grid concession agreement within one month, and must sign the agreement within five months. The concessionaire must notify Energinet within six months of the award whether they intend to overplant, and failing to do so forfeits the right to overplant. Within three months the developer must submit a detailed progression plan to the DEA. The concessionaire is required to reimburse Energinet for the costs of preliminary investigations, which amounts to DKK 248 million. The amount uses future interest rate predictions for a payment in 2028, meaning the figure can be adjusted to reflect real inflationary values. The concessionaire is also required to reimburse Danish Defence for radar mitigation measures, expected to be valued at DKK 110-150 million. The concessionaire is further required to cover all costs from the Danish Naval Command for the removal of UXOs, to which no estimate is given. Finally, the concessionaire is required to cover all costs by the Danish Geodata Agency for any updates of navigational charts related to the project. Failure to a) start construction and/or b) provide documentation of recyclable blades by 31 December 2029 will result in monthly delay fines, which increase after 12 months until 24 months has passed, after which the DEA can terminate the agreement Failure to fully commission (excluding overplanting) by 31 December 2030 will result in monthly delay fines which increase every 12 months for 48 months, after which the DEA can terminate the agreement.
Development Zone
1200 MW
4C Offshore | Location Map: Lat(56.353) Lon(11.690)

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Power & Turbines
Windfarm Capacity
1200 MW
Turbine Model
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Other Turbine(s) Used
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