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In Germany, Solar and Wind will Compete with Each Other

February 21, 2018 By The Editors

By science photo @ Shutterstock.com

For the first time, Germany has opened a tender for electric power in which solar and wind providers will both compete against one another for the lowest bid. Renewablesnow.com reports:

Germany’s Federal Network Agency on Monday announced the start of the first tender in which both onshore wind and solar will compete to offer the lowest price of electricity.

The tender will award 200 MW, with the deadline for bids being April 3. The bidding cap has been set at EUR 0.0884 (USD 0.11) per kWh. In the last tenders completed in 2017, the average price for wind reached EUR 0.0382/kWh and that for solar fell below EUR 0.05/kWh.

Read more here.

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