The Danish Energy Agency (DEA) has received several bids with the maximum capacity of 1,000 MW and the minimum price of DKK0.1/MWh (€0.01/MWh) for the construction of the 800-1,000 MW Thor offshore wind project in the North Sea. Consequently, the DEA has decided to select the winner by drawing lots on 1 December 2021. According to the tender conditions, the project will be awarded to the bidder with the lowest bid price: if several bids have the same lowest bid price, the bidder with the largest park capacity wins. If both the bid price and the park capacity are the same, the offer will be decided by drawing lots.
The Danish Energy Agency launched the tendering process for the Thor offshore wind project in September 2020 and pre-qualified a total of six consortia and companies in January 2021, namely Ørsted, RWE (Thor Wind Farm project subsidiary), Vattenfall, Swan Wind (owned by Eneco and European Energy), a consortium of Total and Iberdrola, and a consortium of SSE and Thor OFW (owned by Copenhagen Infrastructure IV and Andel Holding).
The DKK15.5bn (€2.1bn) Thor project is the first of the three offshore wind projects planned in the Danish Energy Agreement from 2018 and it will be the largest offshore wind park in Denmark. The first wind turbine is expected to be connected to the grid as of January 2025 and the entire project must be fully commissioned and connected to the grid by 2027 at the latest. The licence for power generation is given for 30 years with the possibility of extension for 5 years.
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