German offshore wind lobby proposes measures to avert delays

May 20 (Reuters) - Germany's Offshore Wind ​Energy ⁠lobby has called for a ​legal reform to allow developers voluntarily to hand back unused wind ​farm ‌sites so they can be offered to peers and limit ⁠delays, the group said on ⁠Wednesday.

* The lobby, known ​as BWO, says up to €50 billion ($58 billion) worth of projects planned for 2023-2025 could be delayed unless the law is ​changed

* ‌The comments follow a joint report by German Sueddeutsche Zeitung and public broadcaster NDR saying oil majors TotalEnergies and BP have lost interest in their German ​offshore projects

* The report said the projects have faced ‌deteriorating regulatory conditions, including grid connection delays

* JERA Nex BP, the joint venture ‌between BP and Japan's JERA Co in charge of the German offshore projects, said it continued to assess the ​options and was "engaged with stakeholders including the German government"

* TotalEnergies said ‌the company's strategy to develop offshore wind in Germany has not changed

* Last year, TotalEnergies said the grid ⁠delays had ⁠prompted it to launch a review ‌of concessions obtained since 2023, with a view to engaging in dialogue ​with ​the German authorities

Total Energies

BP