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German onshore wind power prices up again in latest tender

German onshore wind power prices up again in latest tender

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The average price awarded by the Bundesnetzagentur (BnetzA) to onshore wind projects was 5.7 euro cents per kilowatt hour (kWh), up from 4.7 euro cents per kWh in its last auction in February.

FRANKFURT: Germany’s network regulator has agreed to raise the price it pays for onshore wind power in its latest capacity auction, the second time it has done so under new rules with make it harder for non-corporate players to compete.

The average price awarded by the Bundesnetzagentur (BnetzA) to onshore wind projects was 5.7 euro cents per kilowatt hour (kWh), up from 4.7 euro cents per kWh in its last auction in February.

In the past, BnetzA’s auctions favoured citizens’ co-operatives over big commercial players to raise acceptance for wind power technology, often the subject of controversy in affected regions.

Winners of the auction include German utility EnBW , project company PNE Wind and wind turbine maker Enercon.

BnetzA said it had accepted 111 bids for a combined volume of 604 megawatts (MW).

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network

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