Denmark preparing tender for North Sea 'energy island' hub investment partners
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The Danish government will be the hub's majority owner. Image: Danish Energy Agency
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Denmark is to publish a draft public tender by late next year to prepare for construction of an artificial ‘energy island' hub in the North Sea, the government has confirmed.
The hub, which is set to include "utility-scale battery storage” and have an initial 3 GW of wind generating capacity harvested from surrounding turbines, will be built 80 km offshore the Jutland peninsula.
Denmark’s political parties agreed on a framework for ownership of the $34bn (£24.6bn) project last week, under which the state will own at least 50.1% of the project.
Consortia comprising investors, contractors and developers will be invited to make bids to take part in the project.
According to the framework agreement, private partners will be able to own shares in the project and "share the revenue accordingly”. Strategic partnerships have already been agreed with other countries, including Germany, Belgium, and Luxembourg, the government has confirmed.
Denmark’s climate, energy and utilities minister Dan Jørgensen said: "As reflected by the immense interest and engagement by the Danish parliament and the private sector, the energy island in the North Sea is one of the biggest green projects of our time. With the agreement, we take an important step in securing a strong, green collaboration between public and private partners.”
The Danish Energy Agency told World Battery News earlier this year that the hub would be the largest construction project in the history of Denmark. An eventual wind farms capacity of 10 GW is expected to be developed as part of the overall project.
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The hub, which is set to include "utility-scale battery storage” and have an initial 3 GW of wind generating capacity harvested from surrounding turbines, will be built 80 km offshore the Jutland peninsula.
Denmark’s political parties agreed on a framework for ownership of the $34bn (£24.6bn) project last week, under which the state will own at least 50.1% of the project.
Consortia comprising investors, contractors and developers will be invited to make bids to take part in the project.
'Green collaboration'
According to the framework agreement, private partners will be able to own shares in the project and "share the revenue accordingly”. Strategic partnerships have already been agreed with other countries, including Germany, Belgium, and Luxembourg, the government has confirmed.
Denmark’s climate, energy and utilities minister Dan Jørgensen said: "As reflected by the immense interest and engagement by the Danish parliament and the private sector, the energy island in the North Sea is one of the biggest green projects of our time. With the agreement, we take an important step in securing a strong, green collaboration between public and private partners.”
The Danish Energy Agency told World Battery News earlier this year that the hub would be the largest construction project in the history of Denmark. An eventual wind farms capacity of 10 GW is expected to be developed as part of the overall project.
The scale and number of wind turbines to be deployed as part of the project could amount to between 200-600 turbines.
Related article in our archive: