German wind power auction again only half subscribed as projects remain scarce

Germany held the second round of this year’s auctions to support the construction of onshore wind farms in early May. Although Germany significantly raised the maximum bid prices this year, the country is still facing a shortage of projects. The May round therefore had a similar outcome to the first round of the year in March: only around half of the offered capacity was awarded, at prices close to the ceiling.

Germany held another round of auctions in May, in which developers can bid for operating support for their onshore wind farm projects. In the second round this year, the German regulator offered a total of 2865.9 MW of capacity. The four auctions planned this year for this type of generation were originally set to offer 3210 MW in total. However, the German regulator Bundesnetzagentur decided to cut the volume of the May auction by around a tenth, apparently anticipating a shortage of projects.