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Dutch grid operator TenneT to tender for help with vast wind plan
Global Banking & Finance Review®
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AMSTERDAM (Reuters) – Grid operator TenneT will draw up a tender to seek companies to help with a 30 billion euro ($31.5 billion) plan to build sea-to-land connections for offshore wind farms planned by the Dutch and German governments, it said on Thursday.
AMSTERDAM (Reuters) – Grid operator TenneT will draw up a tender to seek companies to help with a 30 billion euro ($31.5 billion) plan to build sea-to-land connections for offshore wind farms planned by the Dutch and German governments, it said on Thursday.
European Union countries risk falling behind with plans to shift to green energy as cuts in Russian gas supplies have placed the focus on desperate short-term remedies such as turning back to high-carbon coal https://www.reuters.com/article/ukraine-crisis-gas-idAFL1N2Y70G3.
Ambitions for wind energy have previously stumbled over the difficulty of connecting https://www.reuters.com/article/dg-renewables-subsidies-idUSL5N0F92YD20130712 offshore farms to the online grid.
TenneT, which is owned by the Dutch state, said it was still drafting details of its tender plan, but total order volume for the projects to generate up to to 40 gigawatts (GW) of wind power in North Sea by 2030 would be worth up to 30 billion euros.
One gigawatt of electricity can power around a million Dutch households.
Tennet did not set a date or publish details of how companies could participate, but a spokesperson said it was necessary to signal its intent to subcontractors, given the project’s scale.
TenneT currently connects offshore wind farms, mostly in the German North Sea, that generate about 9.7 GW.
The company plans to build 15-20 connections, each at a new standard 2 GW format – larger than the 700 megawatt connectors it has previously used.
“This will stimulate the market to build up the resources and comprehensive supply chains we need in a targeted and – crucially – in faster way,” Chief Operating Officer Tim Meyerjürgens said in a statement.
($1 = 0.9519 euros)
(Reporting by Toby Sterling; editing by Barbara Lewis)
Offshore wind energy refers to the generation of electricity from wind turbines located in bodies of water, typically oceans or large lakes, which harness wind power to produce renewable energy.
A gigawatt (GW) is a unit of power equal to one billion watts. It is commonly used to measure the output of large power plants and the energy consumption of large cities.
Renewable energy is energy generated from natural resources that are replenished over short periods of time, such as solar, wind, hydro, and geothermal energy.
A tender is a formal invitation to suppliers or contractors to submit bids for a project or contract, outlining the terms and conditions under which the work will be performed.
Offshore wind farms are groups of wind turbines located in bodies of water that generate electricity by capturing wind energy, typically situated far from shore to minimize visual and noise impact.
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