Two wind power projects succeed in Czech electricity support auctions

Two wind power projects succeeded in this year's round of auctions for operating support for electricity generation from new or modernised renewable sources. They are expected to have a combined installed capacity of around 20 megawatts (MW). This is according to information on the website of the Ministry of Industry and Trade (MPO). The auctions are intended to support the construction of wind and hydropower plants and biogas stations, for example; no one submitted a bid in the previous round.

The projects that met the auction conditions, according to the ministry, were submitted by Synergion Jívová, which plans to build a wind power plant with a capacity of 11,3 MW, and Lhota Brno, with a wind power plant of around nine MW. Both companies offered a reference auction price of 3500 CZK per megawatt-hour of electricity. Applicants must now prove to the ministry that they have provided financial guarantees for their projects in order to receive support.