To find a developer to erect up to 700 MW of generation capacity in its territorial seas in the Baltic Sea, Lithuania published its first offshore wind tender on Friday. The National Energy Regulatory Council (VERT) said on Thursday that there would be multiple rounds of competition for the location of the first offshore wind farm in Lithuania, located about 36 km (22.4 miles) off the coast.
The minimum and maximum capacities that can be deployed in the chosen area are 580 MW and 700 MW, respectively. The deadline for interested developers to submit documentation is May 29. A committee will review the submissions and prepare a list of those who meet the requirements for participation.
The government earlier in March authorized the rules for the developers looking to participate in the competitive round.
Only if at least two developers meet those requirements will the tender move on to the second round. The shortlisted bidders will be requested to submit development fee proposal submissions.
The contender who offers the highest development fee and satisfies national security requirements will receive the location. There must have been at least two other bidders who submitted offers at this stage for the tender to be successfully completed. By 2028, the wind park should be connected to the grid and will be constructed without the assistance of the state.