The introduction of renewables auctions in Germany, replacing administratively set feed-in premiums, has led to considerably lower prices and very high realization rates. However, community participation was very low in the first solar PV auctions. Now a new rule favouring community projects in onshore wind auctions turned out to be so attractive that most bidders created community projects to profit from them. This is turning the market upside down. Corinna Klessmann and Silvana Tiedemann of consultancy Ecofys, a Navigant company, look at the effects of auctions on the German renewables markets and make recommendations.
Energy Post 27th June 2017 read more »