Onshore wind secured 165 MW in this week’s multi-technology auction in Denmark. The auction was open to solar PV, onshore wind and so-called open door offshore wind. It was oversubscribed with 17 projects amounting to 540 MW competing for a budget of €34 million.
From the 6 winners, the 3 cheapest bidders were onshore wind projects. The other 3 were solar PV projects totaling 104 MW. Overall, the average premium awarded in this auction was equivalent to 0.31 Euro cents per KWh.
This premium runs for 20 years and comes on top of the wholesale power price.
