Germany: A capacity of 807 MW approved at onshore wind parks

22/05/2017 10:04 Renewable

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Germany approved a capacity of 807 megawatts (MW) at onshore wind parks on Friday, stating the price at which it granted the projects was below expectations in a sign that competition in the industry will lead to lower prices for users.

The projects were authorized at an average price needing a subsidy of 5.71 euro cents per kilowatt-hour (kWh) of electricity, or a price cut of 20 percent on preceding prices, according to the economy ministry.


The results are intensely observed by turbine manufacturers, project developers and utilities after recent offshore wind park auctions comprised offers for zero subsidy projects for the middle of next decade as the industry reduces costs. 


This is the first auction for onshore wind under the recent modifications to the renewable feed-in tariff law (EEG 2017).


Rather than ensuring a fixed price for 20 years, only those operators that can produce electricity from wind at the lowest cost and passed to users through their power bills, are given a construction authorization within a fixed capacity.


The energy regulator, the Bundesnetzagentur, declared 70 projects were chosen from 256 bidders with a total volume of 2,137 MW, counting three from utility Innogy.


There was a "satisfactorily high level of competition" and "a high quality of bidding", as mentioned by President Jochen Homann.
Wind energy represents over 50% of Germany's renewable production in its long-term budge away from dependence on fossil fuels, that it wishes to have largely in place by mid-century.


Two more rounds for onshore wind are scheduled later this year to attain a total capacity volume of 2,500 MW, the yearly development rate targeted by the government.
 

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