Germany’s No-Subsidy Offshore Wind Auction Flops with No Bids Filed

Germany’s latest offshore wind auction without government subsidies failed to attract a single bid on Wednesday, alarming the local offshore wind sector, which is calling for a fundamental redesign of Germany’s renewable energy auctions. The Federal Network Agency’s auction for 10.1 gigawatt (GW) offshore wind farms in the German part of the North Sea ended with no investor submitting a bid for any of the two proposed sites, the Federal Association for Offshore Wind Energy, BWO, said. The auction flop signals that offshore wind…