News / IPPToday #38: Second German onshore tender awards 1GW of onshore wind at €42.8/MWh

IPPToday #38: Second German onshore tender awards 1GW of onshore wind at €42.8/MWh

🕔 August 17, 2017
IPPToday #174: New York awards contracts for 1.38 GW renewable projects

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Germany has awarded a total of 1,013 MW of  projects in the country's second onshore wind auction. The average price in the tender fell to €42.8/MWh (US$50.34) of produced electricity, which is down from €57.1/MWh in the first auction. 

95% of the winning bids have gone to cooperatives which get more more time to develop their projects a need fewer permits.

This second wind onshore auction was opened in early June, giving developers until 1 August to submit their bids. The auction volume is 1GW compared with 800MW in the first auction which closed on 2 May. The maximum bid allowed was again €70/MWh.

Competition was again high with 281 bids accepted by the Federal Network Agency (Bundesnetzagetur) with a combined capacity of 2,927 MW. 

As we reported in late May, in the first auction, the Federal Network Agency (Bundesnetzagetur) accepted a total of 70 successful bids for the development of onshore wind energy projects totalling 807 MW

A total of 256 bids with a volume of 2,137 MW were submitted, including Schleswig-Holstein, Mecklenburg-Western Pomerania, Bremen and Hamburg, and the northern part of Lower Saxony.

German energy developer Umweltgerechte Buergerenergie has been awarded 42 projects, including 37 community projects with a total capacity of 660 MW.

Jochen Homann, president of The Federal Network Agency said: 

“Also the second tendering round was characterised by a high level of competition.”

According to sources, Germany had about 50 GW of installed wind power capacity at the end of 2016. Further calls for onshore wind are planned for November.

The result confirms that the wind farms due to be built in the next decade are among the cheapest forms of electricity, rivaling fossil fuels including coal and natural gas.

We have lately informed about other onshore wind projects in Germany:

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