German onshore wind tender sees price drop to €38.2/MWh
Germany’s Federal Network Agency has awarded 1,000 MW of clean energy capacity at an average price of €38.2 ($44.85)/MWh in its latest onshore wind auction, the third this year. The average price in the first auction was €57.1/MWh, falling to €42.9/MWh in the second one. Almost all of the 210 bids came from citizens’ co-operatives and the regulator approved 61 of them. More than half of the successful projects are in the states of North Rhine-Westphalia and Brandenburg – 17 and 16, respectively, totalling 270 MW each.
Germany’s Federal Network Agency announced today it has awarded 1,000.4 MW of capacity in a heavily oversubscribed wind tender that saw the average price decrease to EUR 38.2 (USD 44.85) per MWh.

The network regulator, also known as the Bundesnetzagetur, approved a total of 61 onshore wind projects after receiving 210 bids for a total of 2,591 MW. About 98% of the successful bids came from citizens’ cooperatives.

The states of North Rhine-Westphalia and Brandenburg got the largest number of successful bids -- 17 and 16, respectively. Each of the two states will see 270 MW of wind turbines be deployed.

This is Germany’s third onshore wind auction this year. The average successful bid in the second tender, held in August, arrived at EUR 42.9/MWh, while that in the first one amounted to EUR 57.1/MWh.

(EUR 1.0 = USD 1.174)

Choose your newsletter by Renewables Now. Join for free!