Tenders of the Federal Network Agency for solar plants significantly oversubscribed

The German Federal Network Agency (Bundesnetzagentur) has announced the results of the tenders for solar energy (bid date March 1, 2021), wind energy (February 1, 2021) and biomass plants (March 1, 2021), as well as the awards for the April 1, 2021 innovation tender.
In the solar tender, 288 bids were submitted with a volume of 1,504 MW. The tendered volume of 617 MW was thus significantly oversubscribed. A total of 103 bids were accepted for a solar capacity of 620 MW. 42 of the awarded bids are for arable land and grassland, with 36 awarded bids going to such land in Bavaria. The surcharge values determined in the bid price procedure range between 4.69 and 5.18 Eurocents per kilowatt hour (ct/kWh). The average volume-weighted surcharge value has decreased and is 5.03 ct/kWh (¢4.17/kWh) in this round.
For the tender for onshore wind turbines, 91 bids with a volume of 718 MW were submitted for a tendered volume of 1,500 MW. 89 bids with a volume of 691 MW were accepted. The bid values of the awarded bids range from 5.15 ct/kWh to 6.00 ct/kWh.
A volume of 168 MW was tendered for biomass. There were 60 bids with a volume of 44 MW. There were 38 successful bids with a volume of 34 MW, including five new plants. The values of the bids awarded ranged from 12.00 ct/kWh to 18.29 ct/kWh.
In addition, the Federal Network Agency conducted an innovation tender for the second time. Compared to the first tender last year, in which bids for individual plants were also permitted, in this round only bids for plant combinations were possible. The invitation to tender had a volume of 250 MW. 43 bids with a volume of 509 MW were received. Only bids for combinations of solar plants with storage systems were submitted. A total of 18 bids with a volume of 258 MW were awarded. For the plant combinations, the fixed market premiums range between 3.33 and 4.88 ct/kWh; the volume-weighted average value is 4.29 ct/kWh, which is lower than in the previous round (4.50 ct/kWh). In contrast to the regular tender, this subsidy is added to the market revenue, so that the values are not comparable with the values of the regular tenders. Depending on the market revenue, they can be significantly higher.
The next tender round for onshore wind energy will be on May 1, 2021, for solar systems on June 1, 2021, for biomass systems on November 1, 2021, and the next innovation tender will follow on August 1, 2021.

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