Italy's second renewables public auction safeguards least expensive price of EUR0.056/ kWh.

Jun 2, 2020 05:02 PM ET
  • The energy range renewable resource tender saw wind dominate once more, with 18 projects with an overall generation capacity of 406 MW. Solar protected 4 jobs with a combined capacity of 19.3 MW however did provide the most affordable bid.
Italy's second renewables public auction safeguards least expensive price of EUR0.056/ kWh.
Image: Nick Kenrick/Flickr

Italian power agency the Gestore dei Servizi Energetici allocated 425.3 MW of clean power generation ability in a second national auction for renewables with an ability of more than 1 MW.

The exercise, which brought in bids for 587.5 MW of project capacity, was under-subscribed as the government had actually intended to designate 500 MW of power plants.

Wind power once more dominated, with 18 jobs assigned, for complete generation ability of 406 MW. The 19.3 MW of solar ability was designated across 4 jobs.

Inexpensive power.

It was a 5.7 MW solar job in the Sardinian district of Nuoro, nevertheless, which lodged the lowest renewable energy price, of EUR56/MWh in an exercise which had a EUR70/MWh rate ceiling. Programmer Trisol 81 Srl's quote of EUR52/MWh for the exact same center was overlooked in the earlier renewables auction round, held in late January.

Solar likewise set competitive tolls of EUR65.012/ MWh and also EUR64.009 for PV tasks in the north province of Vercelli which will have generation abilities of 5.4 MW as well as 4.3 MW, respectively. The other successful solar facility, a 3.9 MW system in the main Italian district of Latina, will certainly market its solar electrical energy for EUR66.31/ MWh.

In regards to wind power costs, the lowest agreed was EUR56.903/ MWh for a 37.9 MW job in the southern province of Benevento. At the various other end of the scale, a 12.6 MW wind ranch in the southerly district of Foggia will certainly obtain EUR68.397 per megawatt-hour produced.

Minor improvement.

Solar projects a minimum of showed a boosted return on the January round of the tender, when just one, 5 MW solar plant ended up scrubing shoulders with 495 MW of wind centers. That solar project will certainly sell power for EUR60/MWh-- a 14.29% discount on the price ceiling collection.

The tenders, which omit jobs on agricultural land, belong to an auction system released by the federal government last June. Italy, which has around 20.9 GW of solar ability, is preparing to install around 50 GW by 2030.


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