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Bidding price of €5.27c/kWh for Germany's second dual solar-wind auction

The German federal energy regulator BNetzA (Bundesnetzagentur) has published the results of the second dual bidding round for onshore wind and solar power projects. Bids were capped at €8.75c/kWh for both technologies (versus €8.84c/kWh in the previous dual auction) and the average bidding price stood at €5.27c/kWh (€4.67c/kWh in the latest auction). The lowest bid was €4.65/kWh and the highest reached €5.79c/kWh. 36 bids were selected for a total available amount of 201 MW and only solar projects eventually qualified. Ten projects will be located in Brandenburg, 6 in Saxony-Anhalt, 5 in Mecklenburg-Vorpommern and 4 in Schleswig-Holstein.



The first joint wind-solar power tender took place in April 2018 and 200 MW were available. The tender was nearly twice oversubscribed, with submissions for a total capacity of 395 MW. 32 bids for 210 MW of solar projects were selected, with an average volume-weighted aggregate value of €4.67c/kWh (higher than the €4.33c/kWh rate in the last purely solar tender). The lowest bid was €3.96c/kWh, while the highest one hit €5.76/kWh.