France

France

Prices hit new low in French onshore

France’s fifth onshore wind tender was oversubscribed, with the regulator awarding more capacity than initially planned due to prices falling to a record low.

Boralex, EDP Renováveis, Nordex, Enertrag and Engie were among the successful developers
Boralex, EDP Renováveis, Nordex, Enertrag and Engie were among the successful developers

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In total, 35 projects with a combined capacity of 749.3MW secured power deals.

The average successful price of €62.90/MWh was down 5.4% from the country’s last auction round, and marginally below the previous record low of €63/MWh.

DepartmentNo. of projectsTotal capacity
Somme6 projects137.8MW
Marne4 projects115.9MW
Pas-de-Calais4 projects89.3MW
Aisne3 projects56.4MW
Yonne3 projects39.9MW

The most successful bids were made for projects in the northern departments of Somme, Marne, Pas-de-Calais, Aisne, and Yonne.

Single projects were also successful in Charente-Maritime, Côte-d'Or , Lozère, Vienne, Indre, Charente, Var, Ardennes, Puy de Dôme, Haute-Saône, Seine-Maritime, Meuse, Oise and Aube.

Boralex, EDP Renováveis, Nordex, Enertrag and Engie were among the successful developers.

France’s ecology ministry had initially planned to award power deals to 630MW of wind capacity, but increased this allocation “in view of the very competitive prices which were presented”.

The country’s first three onshore wind tenders were undersubscribed with potential developers facing permitting roadblocks

However, France’s last two rounds have since been oversubscribed.

Covid-19

Earlier this week, the government adjusted its timetable for the country’s next onshore wind auction to help the regulator and bidders amid the ongoing coronavirus (Covid-19) pandemic.

Developers were initially due to submit bids for the full 750MW allocation on 1 July, but will now compete for 250MW in July, before bidding for 500MW in November.

Onshore wind and solar PV developers will also be given extensions to installation schedules so they are not penalised for delays caused by the pandemic.

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