Minister of Energy Terje Aasland. The picture was taken in Brussels, where he was participating in a GreenShift event at the end of January.
Minister of Energy Terje Aasland. The picture was taken in Brussels, where he was participating in a GreenShift event at the end of January.
Minister of Energy Terje Aasland. The picture was taken in Brussels, where he was participating in a GreenShift event at the end of January.
Minister of Energy Terje Aasland. The picture was taken in Brussels, where he was participating in a GreenShift event at the end of January.

Five consortia prequalified for Sørlige Nordsjø II

The Norwegian government has announced the prequalification of five consortia for the development of the Sørlige Nordsjø II offshore wind area. The auction will begin on 18 March at 09:00.

The auction will be conducted as an English auction (also known as “open ascending price auction”). This means that the qualified consortia will engage in open bidding against each other – meaning that they are aware of each other’s bids. Each new bid has to be higher than the previous one, and the auction stops when there are no new higher bids.

The winning bid will be determined based on the lowest price offered in øre per kilowatt-hour.

The process itself will remain confidential until a winner is declared. The five consortia selected to participate are:

  • Aker Offshore Wind, BP, and Statkraft
  • Equinor and RWE
  • Norseman Wind (Energie Baden-Württemberg AG)
  • Shell, Lyse, and Eviny
  • Ventyr (Parkwind and Ingka)

There is ongoing speculation about whether or not the auction will attract any bids. This uncertainty stems from the fact that the Norwegian Parliament has put a 23-billion NOK subsidy cap over the contract’s 15-year lifespan. Critics argue that this cap might be too low, due to inflation, interest rates and supply chain issues.