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Denmark has launched a bidding process for the Thor offshore wind farm of up to 1 GW, which will become Denmark's largest offshore wind farm in the North Sea.
The planned capacity of the project is between 800 MW and 1,000 MW. Denmark chose the contract for difference (CfD) competition model, and finally determined the winning bidder based on the quotation.
The initial stage of the process is the pre-qualification stage, followed by price negotiation with pre-qualified bidders.
The Danish Energy Agency (DEA) stated that the deadline for submission of prequalification is December 1, 2020. It will announce the shortlisted candidates before January 14, 2021, and the final tender will be submitted before November 8, 2021.
In addition to the installation of wind farms, the successful bidder will also be required to provide offshore grid connections, including the construction of offshore and onshore substations and the cable system required for connection.
According to the plan, the new capacity must be connected to the grid before 2027.
Denmark has allocated 3.7 billion Danish kroner ($578.2 million) to the Thor project to support the construction of offshore wind farms and related infrastructure. The total investment in the project is estimated at 15.5 billion Danish kroner.
The wind farm project is located near Nissum Fjord, at least 20 kilometers from the coast. Once up and running, the power plant will be able to generate enough electricity to power approximately 800,000 Danish households.
