Spanish utility Iberdrola plans to exercise its preemptive 'right of legal entry' for a 300MW zone in Germany’s latest offshore wind round, in a move that could make the Baltic Sea part of the auction less competitive.

German grid agency BNetzA launched the round on Friday for 958MW in grid-connection capacity across three areas in the North and Baltic Seas, at a maximum support price of €73 ($88) per megawatt hour.