Germany: Results of 3rd Auction Are In

Wind Industry Profile of

The results are in from the latest German onshore auction and costs have fallen again. The average support price is €38/MWh. The lowest bid was €22/MWh.

The auction was oversubscribed. 210 bids were issued with a volume of 2591 MW. The German federal network regulator awarded 1004 MW to 61 projects. 60 of the 61 winning projects are community wind farms, representing 99.2% of the capacity auctioned. ‘Pay as clear’ rules apply to the community projects, meaning all these will get €38.2/MWh. Most projects were awarded to North Rhine-Westphalia (17) and Brandenburg (16). They won around 270 megawatts each. “It’s good to see the costs of onshore wind falling again,” said Pierre Tardieu, WindEurope Chief Policy Officer.... ... More: Official Press Release WindEurope

Keywords:

WindEurope, Germany, auction, costs