Overview

• Germany’s August 1 auction for North Sea sites N-10.1 and N-10.2, offering 2.5 GW of capacity for 2030-31, closed without any bids.
• Industry groups fault the uncapped negative bidding format and urge adoption of two-sided Contracts for Difference to stabilize revenues.
• BWO managing director Stefan Thimm warns that without revenue guarantees, developers face unsustainable financial risks that could stall Germany’s energy transition.
• The Federal Network Agency has announced plans to relaunch the auction for the same sites as it seeks to salvage offshore wind expansion goals.
• Observers caution that repeated auction failures risk derailing Germany’s offshore wind ambitions and broader decarbonization targets without urgent reforms.