DOE launches 3.3GW offshore wind bidding

The Department of Energy (DOE) has finally launched the bidding for its first offshore wind (OSW) projects, initiating the fifth Green Energy Auction (GEA-5) with a projected capacity of 3,300 megawatts (MW).

- By GABRIELL CHRISTEL GALANG.

After a period of delay, the DOE announced on Tuesday, Nov. 25, that it has released the final Terms of Reference (TOR), which details the requirements, timelines, and evaluation procedures for developers, and a Notice of Auction (NOA) for potential bidders.

The new auction round will include only fixed-bottom OSW developments that are consistent with the current readiness of the nation’s grid and ports, the DOE said.