Belgium launches tender for 700-MW offshore windfarm

Developers have nine months to submit bids to build the offshore windfarm. The winner will be the developer with the most competitive offer in terms of price while also meeting sustainability criteria.

The project is part of Belgium’s plan to triple its offshore wind capacity by 2030, in line with commitments made at COP28. Two additional areas in the Princess Elisabeth zone, each of 1.4 GW, will also be put out to tender. Belgium is aiming for 5.8 GW of offshore wind capacity by 2030.

The new offshore windfarms in the Princess Elisabeth zone will benefit from a contract for difference support mechanism, ensuring financial stability for 20 years.

This system compensates developers when electricity prices fall below a certain threshold and prevents excess profits when prices rise. In September 2024, the European Commission approved the support mechanism proposed by the Belgian government.

Ms Van der Straeten said, “This flagship project demonstrates our commitment to accelerate the energy transition while strengthening Belgium’s energy security. It allows us to take control of our energy future and reduce our dependence on fossil fuels.

“By making citizen participation and sustainability key selection criteria, the Princess Elisabeth zone is laying the foundations for an energy future that is firmly focused on citizens.” 

This windfarm is due to be operational for the end of 2028.