Costs of Renewables in Germany | Agora
For onshore wind, the generation costs in Germany are currently around EUR 6 cents/kWh and for solar, around EUR 5
For onshore wind, the generation costs in Germany are currently around EUR 6 cents/kWh and for solar, around EUR 5 cents/kWh for ground-mounted projects, making them lower than any other power generation technology (see charts below). The same is true in many countries around the world.
Get in Touch The strongest output in power generation from solar parks in Germany since September pushed prices in several countries into negative territory. Intraday power in Germany traded as low as €-17.73 per megawatt-hour for the period from 1 p.m. to 2 p.m., according to data from Epex Spot SE.
The German solar industry reached a milestone at the start of the year, as the total capacity of all installed solar power systems surpassed 100 gigawatts (GW), according industry association BSW Solar.
Between 2013 and 2021, German household electricity prices remained relatively stable at EUR 0.28-0.32/kWh. However, by 2023, at the height of the energy crisis, prices had jumped to about EUR 0.45/kWh – a EUR 0.12/kWh increase compared to 2021.
PDF version includes complete article with source references. Suitable for printing and offline reading.
Get detailed specifications, case studies, and technical data for our PV container and energy storage solutions.
123 Renewable Energy Street
London EC1A 1BB, United Kingdom
+44 20 7127 4182
Monday - Friday: 8:00 AM - 6:00 PM GMT