Zero subsidy wind farm wins lithuania auction

Zero subsidy wind farm wins lithuania auction

A zero-subsidy bid from a Lithuanian wind farm developer was successful in the country’s first technology-neutral renewable energy tender.

Lithuania’s National Energy Regulatory Council (Vert) said that UAB Windfarm Akmene 1 won support of 300 gigawatt hours in the auction with a bid of €0/MWh.

Vert said it received seven successful bids – an eighth bidder did not qualify – ranging in price from €0/MWh to €3.86/MWh.

Three bidders offered zero-subsidy submissions, it said.

Vert did not give details of the project’s size, but according to the UAB Windfarm website Akmene 1 is scheduled to comprise 15 5MW turbines with a combined capacity of about 75MW.

Construction is expected from mid-2020, with commissioning from mid-2021, the UAB Windfarm website said.

Vert said Lithuania will hold its second auction for 700 gigawatt-hours on 29 May this year.

UAB Windfarm plans a second phase – Akmene 2 – which would comprise 65 turbines totalling about 325MW.

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