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The BrightVolt Take: Negative Bidding Broke Offshore Wind

The BrightVolt Take: Negative Bidding Broke Offshore Wind

Aug 24, 2026 | Policy & Regulations, Renewable Energy, Wind

In 2023 the German state sold four patches of North Sea and Baltic seabed to BP and TotalEnergies for €12.6 billion, and called it proof that offshore wind had outgrown subsidy. In August 2025 the same kind of auction drew zero bids. The zero-subsidy era did not...