German lease price results look to have peaked last year. What does that mean for project viability?

The results of Germany's latest dynamic bidding offshore wind auction were published last week after several days of lease bidding.

TotalEnergies and EnBW Energie Baden-Württemberg AG won a site each with lease prices totaling about 3 bnEUR and averaging 1.2 mEUR/MW, which is markedly lower than last year’s lease price.

The biggest surprise, however, was RWE stepping out of the partnership with TotalEnergies for one of the winning sites.

In Aegir Insights’ newly published analysis on the German offshore wind auction, clients can dive into:

🔹Key takeaways from the auction results

🔹Aspects challenging business cases in Germany

🔹Comparison of winning lease prices with previous auctions in Germany and other markets

We compare winning German lease prices and lease prices across other markets using Aegir Insights’ Lease Price Benchmarking tool, which clients can access on the Aegir platform.

If you are interested in knowing more, reach out to us here to schedule a meeting.