Another Underperformance in Auctions Hits Germany

Wind Industry Profile of

Just 208 MW worth of wind farm projects won capacity in the latest German onshore wind auction results released today. A total of 650 MW was on offer.

The amount of capacity allocated in German onshore wind auctions has been falling consistently. From 71% of the total capacity on offer in February 2019, it then fell to 45% and 30% in the auction round results released today. The average price of bids was €62/MWh. Permitting is the reason why auction rounds are increasingly under-subscribed. The process to obtain a permit for a new onshore wind farm in Germany can now take over two years, compared to ten months just two years ago. Even projects that do get a permit are increasingly being challenged in the courts. A total of 11 GW of onshore wind projects are now... ... More: Official Press Release WindEurope

Keywords:

WindEurope, Germany, auction, under-subscribed, permitting process, problem, wind energy, market, target, electricity prices