93 percent of successful bids from citizens' energy cooperatives in first onshore auction

“Citizens' energy is the big winner” of Germany’s first round of onshore wind power auctions, said Rainer Baake, state secretary in the economy ministry (BMWi), in a press release on the results. 93 percent of all successful bids for the auctioned 807 megawatts came from citizens' energy cooperatives, which will receive a remuneration of 5.78 or 5.58 cents per kilowatt hour (ct/kWh), depending on the region, said the Federal Network Agency (BNetzA) in a press release. The average support rate for all successful bidders was 5.71 kWh. With 70 successful bids out of a total of 256, the auction had a “pleasantly high competition level,” BNetzA president Jochen Homann said. Only 5 percent of all bids had to be rejected due to formal errors, it added, saying that “bidders understood the procedure.”

Read the press release in German here.

See the CLEW factsheet High hopes and concerns over onshore wind power auctions for background.

The Clean Energy Wire will publish an article on this topic later today.