On Wednesday, the Act on promoting electricity generation in offshore wind farms was published in the Journal of Laws, which contains the regulatory framework for the development of offshore wind energy in the Baltic Sea.
The new regulations introduce a two-tier support system for offshore. In the first phase, which applies to offshore farms with a total installed capacity of 5.9 GW, support will be granted by way of an administrative decision by the President of the ERO. The possibility of entering this system ends on June 30, 2021, however, applications must be submitted to the President of the ERO before March 31 this year. This is related to the RED II directive stipulating that the support systems for RES are to be competitive.
Then the support will be granted in the formula of competitive auctions. The act specifies that the first auction will take place in 2025 and the second one will probably take place in 2027. Both are to lead to the construction of another 5 GW of capacity. The maximum period of support for offshore farms will be 25 years.