Slight increase in support rate in Germany’s latest onshore wind power auction

The average support rate for new onshore wind power projects has slightly increased in Germany’s third auction in 2018, the Federal Network Agency (BNetzA) said in a press release. Average support climbed to 6.16 cents per kilowatt hour (kWh), from 5.73 ct/kWh in the previous tender. The lowest demanded support in the auction with a volume of 670 megawatt (MW) was 4.0 ct/kWh and the highest accepted support 6.3 ct/kWh, the agency said. Contrary to the last auction, applications exceeded the offered volume, “possibly due to the increase in support in the last two rounds,” the BNetzA said.

Read the press release in German here.

Find background in the CLEW factsheet High hopes and concerns over onshore wind power auctions and in the article Minister promises stability for troubled German wind power sector.