From Bloomberg via gCaptain, December 5:
Denmark received no bids in its largest-ever wind power tender, aimed to more than triple its offshore capacity by the end of the decade.
The Danish Energy Agency hadn’t received a single bid in a tender for three offshore wind farms in the North Sea by Thursday’s deadline, it said in a statement. It now will initiate a dialog with the market to find out why....
....MUCH MORE
That sort of total fail in an auction says more about the structure, terms, and conditions of the auction than it does about the market. There is a clearing price, if the auction terms allow it to be discovered.
