The Consumer Protection and Technical Regulatory Authority (CPTRA) has reported that the auction for the Saare 3 sea area concluded without any bids, resulting in no winner being determined. The auction commenced on July 2, 2024, at 12 p.m. Estonian time, and ended on July 4, 2024, at 12 p.m.

The Saare 3 sea area, covering 20.1 km², had a starting price of 301,500 euros. Two companies, the Norwegian firm Deep Wind Offshore AS and OÜ Utilitas Wind, were qualified to participate in the auction and had each paid a deposit of 6,030 euros. Despite this, neither company placed a bid during the auction.

As a result, the CPTRA did not confirm the auction results and, as per the decision dated July 4, 2024, will not initiate the superficies licence procedures for any applications submitted for the Saare 3 area.

Background: Successful Auction for Saare 2.2 Sea Area

This outcome contrasts with the recent auction for the Saare 2.2 sea area, where Deep Wind Offshore AS successfully placed the only bid of 1,327,500 euros, matching the starting price. The auction, which took place from June 26 to June 28, 2024, awarded the Norwegian company the rights to develop an offshore wind farm in the Saare 2.2 sea area, which spans 88.5 km².

The winning bid for the Saare 2.2 sea area allows Deep Wind Offshore AS to proceed with plans to erect up to 56 wind turbines, with a total capacity of up to 840 MW. The company is set to begin the superficies licence proceedings and environmental impact assessments within 90 days from the auction’s confirmation. This recent win adds to Deep Wind Offshore’s existing rights to develop another offshore wind farm, bringing the total area under their development to 252.3 km² with up to 154 wind turbines and a combined capacity of up to 2400 MW.

For more details on Deep Wind Offshore AS’s previous auction win, refer to the article  BalticWind. EU [here].