Bid on German onshore wind as low as EUR 2.2 cents/kWh

Citizen projects dominated in Germany's third onshore wind auction, where the average price for the 1,000 MW winning projects is ten percent lower than at the last tender.
Photo: Nordex
Photo: Nordex

The price for German onshore wind continues to decline. In the third tender since the shift from a tariff system, the average price on the winning projects is down by EUR 3.82 cents/kWh, 10.7 percent less than the latest tender in August and exactly a third smaller than in the first tender in May, reveals a press release from Germany's system operator Bundesnetzagentur, which Wednesday afternoon presented the results of the latest tender.

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