04 Jun '18, 4pm

Germany entangled in onshore auction dilemma

Success at an auction is the only chance to secure support, but developers preferred to bunker permitted projects rather than pitch them in the last auction, resulting in the capacity volume being undersubscribed. Meanwhile, project permitting has also slowed dramatically, leaving the country facing missed targets and high prices. Only 604MW of onshore wind was bid into the May 2018 auction , 66MW under the maximum volume of 670MW even though a pool of 1,384MW of projects permitted since the beginning of 2017 could have participated. As project permitting slows, reducing the number of sites qualified to take part in future auction, developers with sites able to bid are watching prices increase. The average winning bid in May 2018 at €57.30/MWh was 21% higher than the February 2018 results of €47.30/MWh. Uncertainty also lies in the federal government‘s promised, but not ye...

Full article: https://www.windpowermonthly.com/article/1466510/germany-...

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