Taking into account the total volume up for auction of 1,550 megawatts and the possible grid connections, four bids were selected.

The projects are all in the North Sea. The average award price was 0.44 ct/kWh. The lowest price bid was 0.00 ct/kWh, and the highest price accepted was 6.00 ct/kWh. Successful projects are entitled not only to funding under the Renewable Energy Sources Act, but also to grid connection - financed through the network charges by the electricity consumers - and the possibility to operate their wind farms for 25 years. This, too, involves a considerable amount of funding. The second auction for existing offshore wind farm projects will take place on 1 April 2018. Bids can be placed in the second auction again for projects that were not awarded funding in the first auction.