26 May '18, 2am

German onshore at €57.3/MWh as tender is under-subscrib https://t.co/w5LfMNS8Zs

Bid prices in Germany’s latest onshore wind round rose to an average €57.3/MWh ($67.6/MWh) after a tender that was under-subscribed for the first time. Federal Network Agency BNetzA said 604MW of capacity across 111 bids was put forwards for the second onshore bidding round this year – below the 670MW on offer under the process. The average support price was an increase on the €47.3/MWh seen at the last German onshore wind tender round in February, with 132 bids representing 989MW for the 700MW on offer. BNetzA president Jochen Homann said the tender confirmed a trend of decreasing bid volumes over previous rounds, but added: "The increase in support compared to the February call for tenders should give bidders more incentives to participate in future tenders." Homann pointed out that the latest price was broadly consistent with the €57.1/MWh achieved in Germany’s first ev...

Full article: http://www.rechargenews.com/wind/1494301/german-onshore-a...

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