Hybrid renewable storage tender price in Germany 2030

Does Germany have a solar-plus-storage innovation tender?

Image: Baywa r.e. The German Federal Network Agency (Bundesnetzagentur) has awarded 587MW of solar-plus-storage in its latest Innovation Tender. As has been the case in many of Germany’s recent solar PV auctions, the Innovation Tender ended up oversubscribed, with 154 bids made for 1.8GW of capacity out of 583MW tendered capacity.

How can smart tender design help reduce renewable curtailment costs in Germany?

Smart tender design, allowing storage systems to charge electricity from the grid and earn additional revenue from wholesale market participation, will improve project economics and has the potential to reduce the ever-increasing cost of renewable curtailment in Germany.

Are Germany's solar & wind energy tenders undersubscribed?

The latest round of Germany's tenders for renewable installations has generated great interest in solar PV as well as combined solar and storage installations, while onshore wind energy tenders were undersubscribed yet again.

Will Germany be able to achieve 65 percent renewables by 2030?

Germany's government has set a target of 65 percent renewables in electricity consumption by 2030. Larger additions to existing wind, solar PV and biomass capacity are therefore planned in the next version of the Renewable Energy Act ( EEG) which is due to be passed by parliament in autumn 2020.

Is Germany ready for smart integration of renewables?

The current energy crisis brought the need for smart integration of renewables into renewed focus with the build-out of green generation booming in Germany. By the end of October 2023, Germany has witnessed the installation of nearly 12 GW of new PV capacity, already outpacing the annual target of 9 GW.

How many solar PV tenders were oversubscribed?

“In the innovation tenders, projects for hydrogen production, local heat production from renewable electricity or other regional flexibilities could be supported.” As has been the case in previous auctions, solar PV tenders (this time for 257 MW) were highly oversubscribed (163 bids with a total of 675 MW).