- Press Releases
May 3 (Renewables Now) - Germany’s latest tender round for biomass projects ended up undersubscribed, awarding just 34 MW of capacity, the Federal Network Agency announced on Friday.
The tender, concluded on March 1, sought to award 168 MW but attracted 60 bids totalling 44 MW. New and existing projects competed in two separate categories, with each of those receiving proposals for 14 MW and 29 MW, respectively.
The round will enable the construction of 38 projects of 34 MW in total, including five new plants. Eight of the submitted projects had to be excluded from the competition due to formal errors, the regulator said.
The surcharge values of the accepted proposals ranged between EUR 0.12 (USD 0.14) and EUR 0.1829 per kWh. The quantity-weighted average stood at EUR 0.1702/kWh, up from EUR 0.1485/kWh in the previous call in November.
The next biomass tender is due to be opened on November 1.
(EUR 1.0 = USD 1.204)