November 9, 2023
This week, we participated hand in hand with the Spanish Wind Energy Association (AEE) in the II Edition of the Marine Wind Congress held in Las Palmas de Gran Canaria. At BlueFloat Energy, we are proud to have shared the stage with key experts in the field to reinforce Spain’s position as a technological and industrial hub for the development of marine wind, and we applaud the opening of the public consultation for the regulatory framework for marine wind announced by the Ministry for Ecological Transition and Demographic Challenge before the end of 2023.
Our Country Manager for Spain, Javier Monfort, was part of the panel “The current moment for project development. Perfect storm of costs and risks? Opportunity in a marathon?” where he encouraged public administrations to extract valuable lessons from the recent negative results of international auctions, reflecting an incorrect design of the criteria that articulate them, and to incorporate them into the design of future auctions, including those in our country.
Javier highlighted that “the sector has responded to those auctions in a coherent and responsible manner given the current times, avoiding proposing prices that would jeopardize the viability of projects in the future. It is important to emphasize the importance of entering the competition with viable projects and high technical maturity, only possible with the proper characterization of the site.”
At BlueFloat Energy, transparent, active, and open dialogue are the pillars of our project development. Only with this approach can we ensure the socio-economic and environmental sustainability of projects. That’s why we continue working to ensure that future regulatory frameworks include socio-economic criteria in marine wind tenders, moving away from criteria solely focused on price.
