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ARTICLE · 22 NOVEMBER 2023

Draft Legislative Bill Will Abolish Feed-in Tariff Compensation For Future Offshore Wind Farms

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The draft legislative bill, which is expected to enter into force on 1 July 2024, will abolish the price supplement that offshore wind developers...

DenmarkEnergy and Natural Resources
Niklas Korsgaard Christensen
Niklas Korsgaard Christensen
Esben Kjær
Esben Kjær

The draft legislative bill, which is expected to enter into force on 1 July 2024, will abolish the price supplement that offshore wind developers can receive as compensation for payment of the feed-in-tariff. The compensation option is expected to be abolished with effect for future tendered offshore wind farms. 

Abolition of compensation for feed-in tariff for future offshore wind farms

Pursuant to the Act on Promotion of Renewable Energy (the RE Act), various price supplements are granted for electricity generated by facilities that use renewable energy sources. At present, under the RE Act, it is possible for offshore wind developers to receive support in the form of a price supplement corresponding to the feed-in tariff that the developer must pay for the transfer of electricity to the grid.

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