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Latest German onshore wind tender awards just 208 MW

The Reichertshull and Workerszeller Forst wind parks. Image by: Herbert Grabe/ OSTWIND.

August 9 (Renewables Now) - Germany’s Federal Network Agency announced today that its latest onshore wind tender has resulted in successful bids for just 208 MW, which is less than a third of the offered 650 MW.

The agency, also known as the Bundesnetzagetur (BNetzA), said that the average winning bid price was equal to the price ceiling of EUR 62 (USD 69.4) per MWh. Just one bid was excluded due to a form error.

Most of the winning bids are associated with projects in Brandenburg and North Rhine-Westphalia, each with eight, while Lower Saxony emerged with five and Thuringia with four.

BNetzA noted that the next onshore wind tender will take place on September 1, 2019.

The previous one was held in May and was heavily undersubscribed by 55%. It resulted in 35 winning bids for a total of 270 MW, with an average winning bid price of EUR 61.3 per MWh.

(EUR 1.0 = USD 1.120)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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