First Subsidy-Free Offshore Wind Deal In German Offshore Wind Auction, DONG Energy & EnBW Win Big
Original story at CleanTechnica• 2 mentions • 1 week ago
CleanTechnica 1 week ago
April 14th, 2017 by Joshua S HillGermany’s first competitive auction for offshore wind projects has not only delivered an average bid price that was “far below expectations” according to the Bundesnetzagentur, but also included what is likely one of the world’s first subsidy-free offshore wind projects. Germany’s federal energy markets regulator, the Bundesnetzagentur, announced Thursday the results of its first auction for offshore wind farms — which included bids for grid connections and funding for existing offshore wind farm projects. According to the Bundesnetzagentur, the average weighted average was 0.44 cents per kilowatt hour, which was “far below expectations.” This ...