Germany rejects TotalEnergies' request to return 1.5 GW North Sea offshore wind concession
Summary
Germany has rejected TotalEnergies' request to return its 1.5 GW NordseeEnergies 2 (NSE2) offshore wind concession in the North Sea. Economy and Energy Minister Katherina Reiche stated that concession awards through competitive tenders are binding commitments and cannot simply be handed back. TotalEnergies had sought to return the concession due to concerns over project delays and uncertainty about the timing of the grid connection.
Source
Key quotes
· 4 pulledGermany has rejected a request from TotalEnergies to return its NordseeEnergies 2 (NSE2) offshore wind concession in the North Sea
Economy and Energy Minister Katherina Reiche stated that concession awards are binding commitments
The company had sought to hand back the concession amid concerns over project delays and uncertainty surrounding the timing of the grid connection
Reiche said that concessions awarded through competitive tenders cannot simply be
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