Germany halts offshore wind tenders, Ørsted’s €1.4bn divestment, UK SMR ownership framework

This week on Energy Transition Today, we examine Germany’s decision to pause its offshore wind tenders following the country’s first failed auction, and what the move signals for developer appetite across Europe’s offshore sector. We also cover Ørsted’s long-awaited divestment of its European onshore portfolio, TenneT Germany’s partial sale to KfW to unlock critical grid investment, and fresh hydrogen offtake developments linking Germany to Saudi Arabia’s green ammonia projects. Elsewhere, we unpack Poland’s latest gas and solar financing activity and Denmark’s faltering CCUS tender.   We close the episode with the UK’s evolving approach to small modular reactors, as the government sets out a formal pipeline intended to support privately funded SMR deployment while raising big questions around risk and regulation.