Wpd wins 157MW German auction bounty

reNews6 Jul 2026Market
Automatically composed with AI from the cited sources

The latest German Federal Network Agency onshore wind auction was heavily oversubscribed, drawing 628 bids totalling 6,409 MW for 2,495 MW offered, with 270 bids (2,499 MW) awarded. Wpd secured 156.9 MW in this round, while the average volume-weighted award price fell to 5.06 ct/kWh, the lowest since the current bidding process began.