EnBW Withdraws From Major UK Offshore Wind Projects After Auction Failure

German utility EnBW is taking a 1.2 billion euro charge as it pulls out of two UK offshore wind sites. These projects failed to secure government contracts.

洞察:
On January 15, 2026, the German utility EnBW Energie Baden-Württemberg AG announced its decision to withdraw from two major offshore wind projects in the United Kingdom GB GBGB. The company is pulling out of the Mona and Morgan projects, which have a combined potential capacity of 3 gigawatts, following their failure to qualify for government support. The projects did not secure contracts for difference in the offshore wind auction held in the United Kingdom GBduring the week of January 15, 2026.
An offshore wind project in the German North Sea, owned by EnBW and Enbridge, is shown in this handout image taken in August 2021. Enbridge/Handout via REUTERS
An offshore wind project in the German North Sea, owned by EnBW and Enbridge, is shown in this handout image taken in August 2021. Enbridge/Handout via REUTERS
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