Danish renewables auction too successful at driving down public cost of clean energy

The Danish Energy Agency allocated 252 MW of clean energy generation capacity, of which 83 MW was solar and 93 MW solar-wind hybrid facilities which included 34.1 MW of PV capacity. The average price premium to be paid on top of wholesale electricity rates to the successful bidders has fallen 30% in a year, prompting the authorities to muse they may be allocating too much public money to support such projects.The results of the latest renewable energy auction in Denmark may have been too successful for the industry, with the government stating clean energy prices have fallen so low as a result, ...

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