Estonia’s Consumer Protection and Technical Regulatory Authority (CPTRA) has announced two auctions for the development of wind farms in the Liivi 1 and Liivi 2 offshore areas.
The competing applications submitted to the CPTRA for developing offshore wind farms in the Liivi 1 and Liivi 2 areas were inspected and sent to relevant state authorities for their opinion.
There were seven companies which qualified to participate in the auctions for two areas – Utilitas Wind, Liivi Offshore, Aker Offshore Wind Europe, Viru Keemia Grupp, Sunly Wind, Edel Offshore Wind, and UAB Ignitis Renewables Projektai 6.
Liivi 1 and Liivi 2 sea areas are located northwest of Ruhnu Island in an area suitable for the development of wind energy. The area of Liivi 1 is 77.7 sq km and its starting price is €1.16m ($1.24m). The area of Liivi 2 is 114.9 sq km and its starting price is €1.72m ($1.84m). The minimum bid increment is €50,000.
The winners of the auctions are the participants who made the highest bid, and procedures for a licence and environmental impact assessment will begin no later than 90 days from the announcement of the winner of the auction.
Developers who won the auctions must present their environmental impact assessment programmes to the CPTRA within 18 months, followed by an environmental impact assessment report 24 months after the programme has been declared to meet the requirements.
The auction for the Liivi 2 sea area takes place from December 7 to December 13, 2023. The auction for the Liivi 1 sea area takes place from January 11 to January 17, 2024.
