Onshore wind power 25% cheaper in second German auction
Germany’s Federal Network Agency, the Bundesnetzagentur has announced that its second onshore wind auction has led to a total of 1 GW being awarded at an average cost of 25% less than its first onshore windfarm auction earlier in the year. The average price for the successful bids was 4.28 euro-cents per kilowatt hour.
Germany announced the results of its second onshore wind auction this week in which it was revealed a total of 1 gigawatt was awarded at an average cost 25% less than the average price recorded in the first onshore wind auction just a few months ago.

Germany’s Federal Network Agency, the Bundesnetzagentur (BnetzA) published the results of its second onshore wind auction which was completed on August 1, revealing a total of 1,013 MW (megawatts) spread across 67 bids awarded. The auction was significantly oversubscribed, with a total of 281 bids totaling 2,927 MW being submitted overall.

The average price for the successful bids was 4.28 Euro-cents per kilowatt hour (ct/kWh), and the highest bid accepted was 4.29 ct/kWh, while the lowest price accepted was 3.5 ct/kWh. The average price recorded in this second auction was 25% lower than the average price recorded in Germany’s first onshore wind auction, held earlier this year in May, which recorded an average price of 5.71 ct/kWh.

The full list of successful bids can be found here.

“The second auction for onshore wind energy was also marked by a high level of competition,” said Jochen Homann, Bundesnetzagentur President. “The average price of the bids accepted is more than one cent per kilowatt hour lower than in the first auction. The results confirm the positive experiences from our previous competitive auctions for offshore wind energy and photovoltaic systems.”

Citizen energy companies accounted for 84% of the bids submitted and accounted for 90% of the successful bids, and 95% of the total volume of awarded bids accepted.

A third onshore wind auction round is expected to take place later this year and bring this year’s awarded capacity up to the 2,500 MW expansion rate targeted by the German government — 1,820 MW has already been awarded.

Sign up for Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast: I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ... Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps —— grow. So ...