Initial Thoughts: Germany’s First Technology-Neutral Renewable Energy Auction

by Tom Heggarty, Rishab Shrestha

Germany’s first technology-neutral auction was launched on February 19, with 200 MW of capacity on offer. Results were announced on April 12. The auction was open to both onshore wind and solar PV. In contrast to Germany’s technology-specific auctions, in this auction, surcharges were added to the bids of projects to be sited in grid-congested areas, in order to encourage development elsewhere.

This brief provides coverage of the assumptions behind bid prices, how tender rules might have affected wind participation, and LCOE expectations.


The brief is available to subscribers of our Global Downstream Solar Service. To learn more, please contact solarsubscription@gtmresearch.com.

 

Tom Heggarty Senior Analyst, Solar

Tom is a Senior Analyst for GTM Research covering global downstream PV markets. Prior to joining GTM in 2017, he worked for Wood Mackenzie for over 5 years; initially as an analyst producing research on electricity markets in Europe, the Middle East and Africa; and later as a Research Manager for Wood Mackenzie’s Energy Markets research product. In 2011, Tom graduated from the University of Edinburgh with a Master’s degree in Mathematics. He also spent a year studying at the Humboldt University in Berlin.

Rishab Shrestha Analyst, Solar

Rishab Shrestha is an Analyst for GTM Research primarily covering global downstream PV markets. Prior to joining GTM in 2018, he worked for MAKE Consulting researching on key global solar markets and solar supply chain.  He has experience working in clean tech start-ups and did his masters in Sustainable Energy Future from Imperial College, London.

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