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German Economy Minister, Katerina Reich, announced on Wednesday that companies will be able to pre-emption of offshore wind farm auction lots. The situation is payment of a fine to broadcast network operators. This decision stems from the fact that the rising cost of financing, excess capacity in certain regions abroad and lower income expectations make the implementation of experienced projects more and more difficult. Contributions for overseas sites planned this year have been postponed to 2027. No applications received in August 2025. In 2023 oil giants BP and TotalEnergies won 7 GW of offshore wind energy in Germany. However, they face supply chain inflation and lower revenue expectations. In the fall of 2026, Germany experienced significant wind. Wind turbines on the coast provide 71.4 GW of capacity, which is about 293,000 units. Offshore wind adds 11 GW to this. Thus, the total installed power capacity of the country exceeds 82 GW. Oil and capitalism we are at max.

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Нефть и Капитал I Новости Нефтегазовой отрасли · · Source

🇩🇪 Germany · Map

German Economy Minister, Katerina Reich, announced on Wednesday that companies will be able to pre-emption of offshore wind farm auction lots. The situation is payment of a fine to broadcast network operators. This decision stems from the fact that the rising cost of financing, excess capacity in certain regions abroad and lower income expectations make the implementation of experienced projects more and more difficult. Contributions for overseas sites planned this year have been postponed to 2027. No applications received in August 2025. In 2023 oil giants BP and TotalEnergies won 7 GW of offshore wind energy in Germany. However, they face supply chain inflation and lower revenue expectations. In the fall of 2026, Germany experienced significant wind. Wind turbines on the coast provide 71.4 GW of capacity, which is about 293,000 units. Offshore wind adds 11 GW to this. Thus, the total installed power capacity of the country exceeds 82 GW. Oil and capitalism we are at max.

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