Negative bids 'burden offshore wind'
- Admin
- Jun 25, 2024
- 1 min read
Recent offshore wind auctions in Germany and the Netherlands introduced negative bidding, causing challenges for offshore wind developers. WindEurope criticizes the use of negative bidding, contrasting it with the more common Contract for Difference (CfD) auctions in Europe. Negative bidding results in additional costs for developers, impacting revenue and project sustainability.
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