EnergyWatch

Bid on German onshore wind as low as EUR 2.2 cents/kWh

Citizen projects dominated in Germany's third onshore wind auction, where the average price for the 1,000 MW winning projects is ten percent lower than at the last tender.

Photo: Nordex

The price for German onshore wind continues to decline. In the third tender since the shift from a tariff system, the average price on the winning projects is down by EUR 3.82 cents/kWh, 10.7 percent less than the latest tender in August and exactly a third smaller than in the first tender in May, reveals a press release from Germany's system operator Bundesnetzagentur, which Wednesday afternoon presented the results of the latest tender.

Judging on the lowest winning bid instead, the price is lower by far. The system operator announced that a bid as low as EUR 2.2 cents/kWh was placed.

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