Renewables Now
Germany has launched its third onshore wind tender with a target of 1 GW and a bidding cap of EUR 70 (USD 83.5) per MWh, unchanged from the previous two tenders, even though competition has driven prices much lower.
In the second onshore wind auction, the average successful bid arrived at EUR 42.8 per MWh. Most of the capacity was won by citizens' co-operatives.
The deadline for submissions in the third round is November 2, the Federal Network Agency (Bundesnetzagetur) said today. Power take-off contracts will be awarded under the "pay-as-bid" model.
