German biomass tender awards 302 MW amid strong interest
Biomass facility. Author: Frerk Meyer.
Germany's Federal Network Agency has selected projects for biomass-fired power plants with a combined capacity of 302 MW in the latest auction that saw a substantial increase in interest.
As many as 495 bids with a total capacity of 532 MW were submitted by April 1 which significantly exceeded the targeted allocation of 300 MW, the power regulator said this week. Seven bids totalling 29 MW were for new plants while 488 proposals with a capacity of 503 MW were for existing systems.
The vital interest in the competition comes after the Federal Network Agency raised the maximum values for this technology to EUR 0.1767 (USD 0.189) per kWh for new plants and EUR 0.1983 per kWh for existing systems.
The values of the 271 winning bids ranged from EUR 0.1360 to EUR 0.1949 per kWh. The average volume-weighted value came in at EUR 0.1892 per kWh.
In regional terms, one-third, or 107 proposals of a combined 108 MW, of the bids were for sites in Bavaria, followed by 53 bids for a total of 62 MW from Lower Saxony and 43 bids for 48 MW capacity from North Rhine-Westphalia.
As many as 24 bids were excluded from the competition due to formal errors.
In the third round of the tender for biomethane, the power regulator sought to allocate 19 MW of capacity but did not receive any proposals for projects.
Anna is a DACH expert when it comes to covering business news and spotting trends. She has also built a deep understanding of Middle Eastern markets and has helped expand Renewables Now's reach into this hot region.