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Germany adds 554 MW of onshore wind in October

London (Platts)--1 Dec 2017 934 am EST/1434 GMT


Germany has added 554 MW of new onshore wind capacity in October, the latest monthly data from the federal grid regulator showed Friday.

Onshore wind continues to boom with 4.5 GW added so far this year as legacy projects are rushed to come online ahead of further cuts to legacy feed-in-tariffs and a complete change to auctions which are set to bring the boom to an abrupt halt in 2019.

Over the past three years Germany has added 15 GW of onshore wind with another 5 GW of legacy projects possible coming online next year ahead of the complete phase-out for feed-in-tariffs by end-2018.

Total installed onshore wind capacity is now estimated around 50 GW with another 5 GW offshore wind online.

Germany has moved towards auctions for all renewable projects as part of a reform of its green energy law in order to reduce costs with subsidized prices for onshore wind dropping in the latest auction in October below Eur40/MWh.

However, 97% of projects awarded in the first three onshore wind auctions in 2017 are to be developed by so-called citizen energy groups, benefiting from longer realization periods for the projects with the wind turbine lobby warning of a sharp drop in installations in 2019 and 2020.

To mitigate a sharp drop, German grid regulator BNetzA has lifted the maximum bidding price for 2018 auctions to Eur63/MWh, saying this would better reflect average current costs for onshore wind it estimates around Eur56/MWh.

--Andreas Franke, andreas.franke@spglobal.com

--Edited by Jonathan Dart, jonathan.dart@spglobal.com




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