Under-subscribed German wind auction gave higher price

According to Bundesnetzagentur, prices increased to EUR 57.7 per MWh against EUR 47.3 per HWh from the last auction held in February

Photo: Deepwater Wind

A German auction for onshore wind turbines for 670 MW did not end up covering the entire capacity requirement. Only 604 MW of needed capacity was subscribed, writes Recharge News.

According to Bundesnetzagentur, which held the auction, prices increased to EUR 57.3 per MWh against EUR 47.3 per MWh from the last auction in February, which was also over-subscribed, as the auction achieved 989 MW capacity relative to the 700 MW that were on auction.

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