Germany opens new wind and solar auction

Germany federal networks agency BNetzA has initiated a new auction round for onshore wind and solar energy totaling 852.5 MW capacity.

Photo: /ritzaufoto/AP/Charlie Riedel

Germany federal networks agency BNetzA has opened a new round of auctions for solar and wind energy, where developers can place bids for a total capacity of 852.5 MW. The industry had otherwise hoped for a higher MW volume in order to avoid stagnation in domestic installations, reports Recharge News.

The price cap for onshore wind is at EUR 63 per MWh, of which 670.1 MW will be auctioned. Normally, auctioned volumes are around 700 MW, but pilot-project turbines installed last year have been deducted. According to the media, the auction has been capped, which means only 311.4 MW may be installed in the area of northern Germany characterized as a "grid expansion area". This is due to an interest in avoiding further compounding existing challenges with bottlenecks.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs