PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1124089
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1124089
Today, only 16% of the active offshore wind pipeline has been awarded through lease auctions. However, 2021 marks a step change for offshore wind lease auctions, as lease fees have gone from insignificant to significant and the number of proposed lease auctions by policy-makers has mushroomed. Lease auctions will therefore have a paramount impact on both the growth and costs of offshore wind.
This report helps you understand the importance of lease auctions and analyses the transformation that lease auctions are going through by exploring the following questions: