by 1-2 years, we now expect that just 3.7 GW will be added between 2026 and 2030. This would bring total installed Denmark is aiming to re-tender 2.8 GW over the next two rounds in 2024, and after the 2025 auctions were cancelled due to a lack of interest. The new round will offer projects 20-year capability-based two-sided CfDs, which would reward generation potential rather than actual production. penalties. And the 1 GW Thor offshore wind farm is expected by an extra 1.4 GW between 2026 and 2030, leading to a running by 2030. However, the country is now facing auction in late 2025, establishing itself as a Baltic Sea leader. A new design challenges. In 2025, 2.5 GW remained untendered, 4 GW CfD auction round is planned for 2027. France made major progress in 2024, awarding its first and another 2.5 GW planned for 2026 has been delayed commercial scale floating projects, totalling 750 MW. But in 2025, political uncertainty and delays in auctions have destabilised the pipeline of projects. Early in 2026, the We expect 6.9 GW of offshore wind capacity additions unlocking up to 11 GW for future tenders, including in the between 2026 and 2030, bringing the total offshore wind A010 round. It is now aiming for 3.6 GW of offshore installed In 2024, the Netherlands awarded 4 GW of projects for the power capacity to more than 16 GW. Germany's offshore capacity by 2030, with a long-term goal of 45 GW by 2050. ljmuiden Ver Alpha and ljmuiden Ver Beta sites. However, the market has seen a decline in attractiveness, as the ultimately attracted no successful bids. The Government now We expect France to add an extra 1.4 GW of offshore wind Poland is quickly becoming a major offshore wind market, capacity between 2026 and 2030, bringing total installed late 2024 and with a record 3.4 GW secured in CfD auctions