Deutsche WindGuard, Oldenburger Straße 65, 26316 Varel Tel.: 04451-9515-0 – Internet: www.windguard.de

Wind Energy Trends in Germany

The cost and value of wind energy

May 26th 2014

Silke Lüers

WindGuard Universe

Onshore, Offshore, Worldwide.

• business founded in 2000

• 6 business locations

• 130 qualified employees

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1 Wind Energy Trends in Germany

Agenda

Wind Energy Trends in Germany

• Trends in Installation

• Trends in Technology

• Trends in Cost

• Trends in FIT

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Trends in Installation

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3 Wind Energy Trends in Germany

2013 capacity addition: 2.998,41 MW (1.154 turbines)

cumulative capacity (end of 2013): 33.729,83 MW

Trends in Technology

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4 Wind Energy Trends in Germany

Average nameplate capacity 2013:

2.598 kW

Average rotor diameter 2013:

95 m

Average hub height 2013:

117 m

Trends in Cost of Wind Energy

• CAPEX

– Main capital expenditure

– Additional capital expenditure

• OPEX

– First and second decade of turbine life span

• LCOE (Levelized cost of energy)

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Main capital expenditure 2012

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Main capital expenditure trend

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Nameplate capacity: 2-3 kW

• Cost per kW – no reduction since 2010

• Cost per m² - 15% reduction (2010 to 2012)

Additional capital expenditure 2012

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Additional capital expenditure trend

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Operational expenditure 2012

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Operational expenditure trend

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Levelized cost of energy

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Feed-in Tariff

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Governmental proposal for future FIT

Thank you for your kind attention!

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14 Wind Energy Trends in Germany