Offshore Wind Worldwide 2022 edition - Flipbook - Page 94
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the full FiT as a regular payment incentive
only applies for small generating facilities.
For larger facilities (more than 100kW
installed capacity), the FiT only serves as a
backup/default payment (Ausfallvergütung)
for up to three continuous months and up to
six calendar months per year in total; in case
operators claim this default payment the FiT
equals the AW value minus 20%. In case the
aforementioned time limits are exceeded, the
FiT equals the market value.
MP and FIT are applicable for each OWTG
for a period of 20 years beginning with the
commissioning of the respective OWTG.
2. Guarantees of Origin
The operator of an OWTG is entitled to
receive guarantees of origin (“GoO”)
according to the Renewable Energies Act,
however, only to the extent the operator
does not make use of the MP or FiT
support scheme.
3. Balancing power
In general, multiple sales of the produced
electrical power is prohibited. However, an
exception applies for balancing power. The
operator of OWTG may market the
electricity as balancing power without
omitting the payments under the MP
support scheme.
imeframe for the realisation
D. T
of the project
The successful bidder is subject to a project
realisation timeline (cf. sec. 59 of the
Offshore Wind Energy Act) under which
certain milestones up to reaching the
OWTG’s technical readiness for operation
Hogan
Lovells
Germany
need to be met. Such milestones are
determined based on the date of the bid
award and the binding completion date for
the completion of the relevant grid
connection system (as determined under sec.
17d para. 2 of the Energy Industry Act) as
follows:
1. within 12 months after the bid award:
submittal of necessary permitting
documents to the Federal Maritime and
Hydrographic Agency;
2.at the latest 24 months prior to the binding
completion date for the GCS: submission
of proof of financing for the construction
of the WTGs which requires the
submission of binding contracts for the
procurement of the WTGs, the
foundations, the transformer station and
inner array cabling;
3.t the latest six months prior to binding
completion date for the GCS: proof of
commencement of offshore installation;
4.at the latest by the binding completion
date for the GCS: submission of proof of
achieving actual readiness for operation
for at least one OWTG, including the
corresponding inter array cabling; and
5.within six months after binding
completion date for the GCS: submission
of proof of achieving actual readiness for
operation for all OWTGs.
The failure of the bidder to comply with such
deadlines is sanctioned with penalty