The average price awarded in Germany’s third onshore wind auction this year climbed slightly to €61.6 per megawatt-hour (MWh) due primarily to the country’s lengthy permitting process, according to experts.
Onshore wind energy costs have fallen again in Germany’s latest onshore wind auction, with 1 GW worth of capacity awarded at an average support price of €38/MWh, and with a lowest bid of €22/MWh.
Germany announced the results of its second onshore wind auction this week in which it was revealed a total of 1 GW was awarded at an average cost 25% less than the average price recorded in the first onshore wind auction just a few months ago.
Two recent European renewable energy auctions in Germany and Spain have yielded not only significant interest in onshore wind energy, but record low onshore wind prices for Europe.
