INTIEAEstonia · Renewable energy auction with strike price guaranteePolicyIn force

Renewable energy auction with strike price guarantee

The fifth national auction in Estonia managed by the electricity and gas system operator Elering should add additional 780 GWh of renewable energy generation by 2027. Maximum bid amount will be EUR 45/MWh, which will be a guaranteed strike price. Participants will get a maximum…

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Country / jurisdiction: Estonia · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The fifth national auction in Estonia managed by the electricity and gas system operator Elering should add additional 780 GWh of renewable energy generation by 2027. Maximum bid amount will be EUR 45/MWh, which will be a guaranteed strike price. Participants will get a maximum subsidy amount of EUR 20/MWh in case the electricity market price will be below the strike price.

Official source: https://kliimaministeerium.ee/uudised/kliimaminister-esitab-valitsusele-kinnitamiseks-taastuvelektri-vahempakkumisel-seitse

Source

https://www.iea.org/policies/17141

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