Germany Onshore Wind Auction Dip Casts Doubt on Renewable Goals
- Just 1.4 gigawatts of capacity was awarded in latest auction
- Country needs to triple wind capacity by 2030 to reach targets
A wind turbine in Brandenburg, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Germany’s latest onshore wind auction generated less interest than the previous sale, raising doubts about government targets for the expansion of renewable energy.
Companies offered to develop about 1.4 gigawatts of capacity in the Aug. 1 auction, down from 1.6 gigawatts in the May round, according to data from the country’s regulator Bundesnetzagentur. While the regulator says onshore awards have increased this year from 2022, Germany needs to triple its capacity to meet its goal of generating 80% of its power from renewables by 2030.