Princess Elisabeth Zone Lot 1 (Noordhinder Noord)

First lot of Belgium's Princess Elisabeth Zone (PEZ), designated Noordhinder Noord.

Status
Early Developmentlifecycle stage
ProspectiveHafrok completion outlook
Ownership
Location
Belgium
North Sea
Technology
Capacity 700 MW 
Turbines
Foundation Fixed-bottom (structure not recorded) 
Site & conditions
Site rights State-designated Princess Elisabeth Zone — Lot 1 (PE I, Noordhinder Noord) 
Water depth 21–39 m  Wind speed 9.8 m/s @ 150 m 
Revenue & grid
Offtake Other  Grid No agreement  Connection Connection via Modular Offshore Grid 2 (Princess Elisabeth … 
Schedule
FID Not taken
COD · announced 2031 
COD · Hafrok 2033 expected

Delivery outlook modelled by Hafrok · calibrated on delivered projects

2033
expected year of commercial operation
The developer says 2031; Hafrok expects 2033 — 2 years later.
Chance of delivery
≈56% estimated chance this project reaches commercial operation
Early Development projects complete ≈61% of the time on Hafrok's record. This one sits well below that: its size, technical complexity and no offtake contract yet.
COD outlook
If it completes, when — Hafrok’s probability by year (teal)
20%40%60%80%100% 2032: 14.1% (conditional on completion) 2033: 28.0% (conditional on completion) 2034: 22.7% (conditional on completion) 2035: 14.6% (conditional on completion) 2036: 8.7% (conditional on completion) 2037: 5.1% (conditional on completion) 2038: 3.1% (conditional on completion) 2039: 1.8% (conditional on completion) 2040: 1.1% (conditional on completion) 2041: 0.7% (conditional on completion)2026now2028203020312032203328%EXPECTED2034203620382040 Developer-announced COD: 2031 ANNOUNCED 2031
COD probability by year, conditional on completion
YearProbability
203214.1%
2033 (expected)28.0%
203422.7%
203514.6%
20368.7%
20375.1%
20383.1%
20391.8%
20401.1%
20410.7%
How Hafrok got this date
1
No dated milestone yet
Nothing is consented or financed with a date, so the estimate starts from today (2026), adds the time similar projects (in established offshore-wind markets) took from consent to operation, plus an allowance for obtaining consent.
2
Earliest credible date
Typical consent-to-operation time plus allowances means commercial operation before 2033 is not credible.
3
Still needs an offtake award: BE-PEZ-LOT-1
The project has no offtake contract yet. The next visible auction is around 2027 Q3; winners typically reach final investment decision about 2 years after an award (2029 Q3), then build time on top gives 2032 Q3. The milestone timing is already later than that, so it stands.
4
Result
Expected commercial operation 2033, likely range 2033–2039 (the middle half of outcomes for similar projects). With no milestone to build from, the earliest credible date is the estimate, with a deliberately wide range.
5
Year-by-year chart
The bars spread that estimate across years using how similar projects actually slipped against their dates — more often late than early, which is why the bars lean right.
6
Chance of delivery — separate from timing
Start from the share of Early Development projects that went on to complete — ≈61%, measured on Hafrok's record of delivered and abandoned projects, with an allowance held back where that record cannot yet speak (projects still unresolved, changed market conditions). About three in four early-stage projects with a final outcome went on to operate — a record from an easier era. Most of today's early pipeline is still unresolved, so the estimate discounts it. Then adjust for this project's own evidence — offtake, market, size, technical complexity — to ≈56%, which rates it Prospective on Hafrok's four-step delivery scale (Delivering · Expected · Prospective · Fragile).

Project timeline verified milestones only — each date carries its provenance mark

2027’28’29’30’31’32’33Developer-announced COD: 2031 announced COD 2031Commercial operation 2033 ·Hafrok expected
Dashed tick marks today (9 Sep 2026). The ▲ below the spine is the developer-announced COD.

Revenue & offtake route to market — open

No offtake secured — route to market open

Belgian domain concession tender cancelled 2 July 2025 by Minister Bihet; Royal Decree amendments published 17 April 2026 (consultation closed 30 April 2026) for a price-based relaunch. No award made. Tender award expected H2 2026 at earliest.

The routes describe what exists in this market — not a prediction of which the project will take. Timing math for the auction gate lives in the delivery outlook above.
Next visible round · from the auction calendar
Princess Elisabeth Zone — Lot 1 (PE I, Noordhinder Noord)
expected 2027 · planned · the round names this project
indicative

Installation how the build is going · from satellite counts and Hafrok’s registers

Installation not started
nothing to count yet: the satellite tracker begins when offshore construction does
Installation · on record
StageEarly Development
Offshore constructionnot started
Expected start of operation2031
Construction ports
PortPort of Ostend assembly
Grid connection
from Hafrok’s substation, converter and cable registers
Offshore platforms · 2
HVDC systemNautilus UK Converter (Isle of Grain)·1400 MW · ±525 kV · planned, expected 2035
HVDC systemNautilus Interconnector (Belgium — PEI side)·1400 MW · ±525 kV · planned, expected 2032
Export & onshore
Export cableNautilus Interconnector Cable (Belgium — UK)·HVDC subsea · planned · to Isle of Grain, Kent, UK
Onshore connectionStevin Substation Extension (Princess Elisabeth Island)·380 (station); 220 AC PEI feed per EIB kV · under construction · also serves Princess Elisabeth Zone Lot 2 (Noordhinder Zuid), Princess Elisabeth Zone Lot 3 (Fairybank)
Onshore connectionIzegem Substation (Ventilus)·380 kV · planning · also serves Princess Elisabeth Zone Lot 2 (Noordhinder Zuid), Princess Elisabeth Zone Lot 3 (Fairybank)
Grid connection · ready in time?
when each part of the grid connection is due, against the start date the developer states (black line) and the year Hafrok expects (teal band) · a bar spans the whole year, quarter or month the source gives
installed or in serviceexpected deliveryearlier date that was later moved
2026202720282029203020312032203320342035Hafrok expects the farm to start in 2033developer’s stated start 2031nowNautilus UK Converter (Isle of Grain)Nautilus UK Converter (Isle of Gr…expected 2035expected 2035Nautilus Interconnector (Belgium — PEI side)Nautilus Interconnector (Belgium …expected 2032expected 2032Stevin Substation Extension (Princess Elisabeth Island)Stevin Substation Extension (Prin…expected 2030expected 2030Izegem Substation (Ventilus)Izegem Substation (Ventilus)expected 2030expected 2030Nautilus Interconnector Cable (Belgium — UK)Nautilus Interconnector Cable (Be…expected 2035expected 2035

Sources & verification

1/14 fields verified · rests on 10 sources (2 primary) · ◆ 4 documents held
VerifiedModelledSourcedInferredConventionUnverifiedNo source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Operator2
[5]
Elia (Belgian TSO)2026-06-16
“Princess Elisabeth Island is the world's first artificial energy island, located 45 km off the Belgian coast. The island will serve as an electricity hub bundling cables from wind farms in the Princes…”
supportsStatusConnection point
[9]
Ocean Winds2024-07-12◆ Eneco ocean winds otary form strategic c…
“All offshore wind farms are located into areas that will allow for bottom fixed technology.”
supportsFoundation
Financier1
[4]
European Investment Bank2025-03-05
“Princess Elisabeth Zone Lot 1 Offshore Wind Farm — approximately 700 MW, Belgium. "An offshore wind installation being built in the first plot of the Princess Elisabeth Zone, featuring inter-array und…”
supportsTotal capacity
Auction pipeline1
[10]
FPS Economy (Belgium)2026◆ be-fps-offshore-tenders
FPS Economy — PE I tender cancelled 2 Jul 2025; to be relaunched 2026; no lot awarded.
supportsPrincess Elisabeth Zone — Lot 1 (PE I, Noordhinder Noord)
Trade press6
[1]
Offshore Wind Biz2025-07-01
Press report — cited, not quoted; read it at the source link.
supportsTotal capacityMechanismDetail
[2]
FPS Economy (Belgian Federal Public Service Economy)2026-06-16◆ Belgium organisation of offshore tenders
"On 2 July 2025, the Minister of Energy Mathieu Bihet decided to cancel the ongoing offshore tender for plot PE I." Relaunch planned for spring 2026 following legal review. Flexible connection approve…
supportsConsentCommercial operationMechanismDetailStatus+3 more
[3]
Loyens & Loeff (law firm commentary on Royal Decree amendments)2026-04-17◆ Belgium offshore wind tender amendment a…
“Proposed amendments to the Royal Decree of 3 June 2024 were published on 17 April 2026, up for consultation until 30 April 2026. The updated framework introduces a "lowest cost takes all" award criter…”
supportsMechanismDetailStatusConnection point
[6]
Global Energy Monitor2026-07-02
supportsCoordinates
[7]
GEBCO Compilation Group2020
supportsWater depth
[8]
DTU Wind Energy / World Bank (Global Wind Atlas)2026
supportsMean wind speed