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Italy Allocates 243.3 MW in 14th Renewable Energy Auction

published: 2024-06-27 17:48

Gestore dei Servizi Energetici (GSE), Italy's energy agency, allocated 243.3 MW of renewable energy capacity for projects over 1 MW in size in the 14th renewable energy auction. GSE awarded 145.5 MW of solar capacity at 37 locations and 97.8 MW across four wind projects. The photovoltaic projects ranged in size from 1.8 MW to 9.7 MW. The auction ceiling price was €0.07746 ($0.083) per kWh, with developers offering discounts ranging from 2% to 5.5%. The lowest bid was €0.0732 per kWh for a 5 MW solar facility in the province of Mantua, northern Italy.

In the 13th round of bidding held in February, GSE allocated 352 MW of solar capacity across 62 locations and 643.9 MW across 15 wind projects. Developers offered discounts ranging from 2% to 6.39% off the auction ceiling price. The lowest bid was €0.0725 per kWh for an 18.9 MW solar facility in the province of Mantua, northern Italy.

In the 12th renewable energy auction concluded in early October, the Italian authorities allocated 48 MW of solar power capacity and 10 MW of wind power capacity. The auction ceiling price was €0.065 per kWh, with developers offering discounts ranging from 2% to 2.1%. These bids were slightly higher or equal to the prices in the 11th renewable energy auction and all previous auctions.

Source:pv magazine group

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