Denmark plans offshore wind tender with up to $8.3 billion subsidy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2025
0mins
Source: Reuters
Denmark's Offshore Wind Tenders: Denmark plans to launch offshore wind tenders with a capacity of 3 GW, enough to power three million homes, offering subsidies up to 55.2 billion Danish crowns ($8.32 billion) to attract developers.
Challenges and Adjustments: The offshore wind industry faces rising costs and supply chain issues, leading Denmark to halt previous tenders and revise its subsidy model to ensure competitiveness and secure green energy independence from Russia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
