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Home - Technology - Germany completes ‘innovative’ tender with average price of €0.0709/kWh – SPE
Technology

Germany completes ‘innovative’ tender with average price of €0.0709/kWh – SPE

solarenergyBy solarenergyOctober 16, 2024No Comments2 Mins Read
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Germany has concluded a new renewable energy tender, securing 583 MW of capacity at an average price of €0.0709 ($0.0771)/kWh.

October 16, 2024
Ralph Diermann

By pv magazine Germany

Germany recently concluded a tender innovative sustainable energy projects. The exercise yielded 154 bids with a total capacity of 1,856 MW. The authorities have awarded 50 projects with a total capacity of 587 MW.

The German Federal Network Agency (Bundesnetzagentur) said this rates ranged from €0.0674/kWh to €0.0745/kWh, with an average price of €0.0709/kWh.

Bavaria received the most allocated capacity, with 25 projects totaling 227 MW Mecklenburg-Vorpommern and Rheinland-Pfalz has secured 115 MW and 57 MW respectively.

In the previous similar tender, which was completed in July, the German authorities awarded 43 projects with a total capacity of 512 MW. The final rates ranged from €0.0678/kWh to €0.0917/kWh, with an average price of €0.0833/kWh.

Another tender, which was completed in October 2023, awarded 32 projects with a total capacity of 408 MW. The final rates ranged from €0.077/kWh to €0.0878/kWh, with an average price of €0.08/kWh.

Through these tenders the Federal Network Agency often selects PV projects in combination with energy storage.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

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See also  Italy added 25% more energy storage systems in the second quarter – SPE
0.0709kWh average completes Germany innovative price SPE tender
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