Bid prices for planned investments in Russian wind projects fell dramatically to below $1m per MW in the second and final round of this year’s 830MW wind power tender, pointing to the participation of “experienced market players with great financial resources”, the Russian wind power association RAWI said.
In contrast to the allocation of support in much of Western Europe, which is usually measured by energy produced, support for renewables in Russia is granted on top of electricity wholesale prices until a 12% return on investment is reached during a 15-year period.
