N-11.2

BNetzA auction result June 2024. Offshore Wind One GmbH (TotalEnergies) bid EUR 1.305 million/MW. Grid connection target end of 2030.

Status
Early Developmentlifecycle stage
ProspectiveHafrok completion outlook
Ownership
TotalEnergies — 100% 
Location
Germany
North Sea
Technology
Capacity 1,500 MW 
Turbines
Foundation
Site & conditions
Site rights Seabed rights held 
Origination BNetzA Offshore Wind Auction 2024 (dynamic bidding / concession) · 2024 ·
Water depth 37–43 m  Wind speed 10.4 m/s @ 150 m 
Revenue & grid
Offtake Merchant  Grid Applied · 2025-05  Connection TenneT offshore grid connection NOR-11-2; cable route … 
Schedule
FID Not taken
COD · announced 2032 
COD · Hafrok 2033 expected

Delivery outlook modelled by Hafrok · calibrated on delivered projects

2033
expected year of commercial operation
The developer says 2032; Hafrok expects 2033 — 1 year later.
Chance of delivery
≈59% estimated chance this project reaches commercial operation
Early Development projects complete ≈61% of the time on Hafrok's record. This one sits below that: a very large build and technical complexity. A secured offtake contract helps only slightly.
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)2026now202820302032203328%EXPECTED2034203620382040 Developer-announced COD: 2032 ANNOUNCED 2032
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
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.
4
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.
5
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 ≈59%, which rates it Prospective on Hafrok's four-step delivery scale (Delivering · Expected · Prospective · Fragile).

Project timeline & ownership verified milestones on the spine · ownership from Hafrok’s transactions record

2025’26’27’28’29’30’31’32’33Developer-announced COD: 2032 announced COD 2032BNetzA Offshore Wind Auction 2024 (dynamic bidding / concession) — awarded to Offshore Wind One GmbHBNetzA Offshore Wind Auction 2024 (dynamic bidding / concession) Jun 2024 · auction recordCommercial operation 2033 ·Hafrok expectedBNetzA Offshore Wind Auction 2024 (dynamic bidding / concession) — awarded to Offshore Wind One GmbH 2024-06 ORIGINATIONTransfer(s) not in Hafrok's record — shown as a gap, never guessed. UNRECORDEDTODAYOffshore Wind One GmbH Offshore Wind One GmbH Offshore Wind One GmbH not among today’s recorded owners — no sale recordedTotalEnergies — 100% today TotalEnergies TotalEnergies 100%BNetzA Offshore Wind Auction 2024 (dynamic bidding / concession) — awarded to Offshore Wind One GmbH Transfer(s) not in Hafrok's record — shown as a gap, never guessed.
Dashed tick marks today (9 Sep 2026). The ▲ below the spine is the developer-announced COD. The teal diamond on the spine is origination — the seabed award or round that created the project. Every other ownership event lives in the band below: one station per recorded deal, dated at its label, in deal order rather than to calendar scale. Secondary trades appear only at the interchanges; grey lines are parties whose entry or exit Hafrok’s record does not hold.

Revenue & offtake route to market — open

No offtake secured — route to market open

Zero-subsidy BNetzA dynamic bidding auction June 2024; no CfD or PPA; merchant route

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
Germany offshore tender — 2027 (FEP cluster)
expected 2027 · planned · the round’s published documents do not name 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 operation2032

Sources & verification

5/11 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.
Regulator2
[2]
Bundesnetzagentur2024-06-13◆ Bundesnetzagentur - Press - Results of d…
“EUR 1.305mn/MW for site N 11.2”
supportsConsentTotal capacityMechanismDetailOfftake history
[7]
BSH (Bundesamt fuer Seeschifffahrt und Hydrographie)2025-05◆ Site Development Plan 2025: Decision on …
“BSH announced the decision on the new route of the grid connection systems NOR-11-1, NOR-11-2, NOR-12-1, NOR-12-2 and NOR-13-1 in the Site Development Plan 2025 (FEP 2025).”
supportsStatusConnection point
Operator1
[9]
TotalEnergies2024
supportsTotal capacity
Auction pipeline1
[13]
Bundesnetzagentur2026◆ bnetza-noncentral-2027
BNetzA — 2026 non-central offshore tenders suspended; N-10.1/N-10.2/N-12.4/N-12.5/N-13.1/N-13.2 moved to tender year 2027.
supportsGermany offshore tender — 2027 (FEP cluster)
Trade press5
[5]
Baltic Wind2024-10-14◆ TotalEnergies renames key German offshor…
Press report — cited, not quoted; read it at the source link.
supportsFirst powerCommercial operation
[8]
offshoreWIND.biz2024-06
Press report — cited, not quoted; read it at the source link.
supportsowner
[10]
4C Offshore2026-07-02
Press report — cited, not quoted; read it at the source link.
supportsCoordinates
[11]
GEBCO Compilation Group2020
supportsWater depth
[12]
DTU Wind Energy / World Bank (Global Wind Atlas)2026
supportsMean wind speed
Unverified import1
[1]
unknown
Press report — cited, not quoted; read it at the source link.
supportsTotal capacityWater depthCoordinates