Offshore

TotalEnergies May Exit German Offshore Wind Sites

TotalEnergies reportedly plans to withdraw from several German offshore wind leases as rising construction costs and slower grid expansion weigh on project economics.

Source: Shutterstock

19, May 2026
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TotalEnergies plans to withdraw from several German offshore wind leases, according to reports by NDR and Süddeutsche Zeitung.

The French oil and gas major has cited economic reasons for the move, the reports said. Construction costs have increased since the leases were awarded, while Germany’s grid expansion has moved more slowly than planned.

TotalEnergies secured several German offshore wind areas in recent auctions. Some of those sites were awarded without state support contracts. Its German offshore wind portfolio totals nearly 10GW, including zones being co-developed with partners.

Germany is now preparing tenders for offshore wind areas that can receive Contracts for Difference. Industry observers said this raises questions over the business case for projects already awarded under earlier tender terms.

Tags: CfD, energy transition, Europe, Germany, offshore wind, Offshore Wind Leases, renewable energy, TotalEnergies

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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