Portugal's Offshore Wind Tender
Portugal has chosen a two-stage auction model for its first offshore wind tender, aiming to kick off the competitive process within six months. This decision highlights Portugal's commitment to expanding its renewable energy sector, particularly in floating wind technology.
Portugal is viewed as a promising market for floating wind installations, having already taken significant strides with projects like the pioneering WindFloat Atlantic array. However, the recent political turbulence, marked by the collapse of two governments, has hindered progress, causing delays in the tender process.
The uncertainty surrounding the auction timeline and whether it will initiate with a seabed lease auction or a pricing mechanism has further complicated matters. Energy and maritime officials are working diligently to ensure that the tender remains on track despite these challenges.
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