German regulator sets 6.20 cents per kilowatt hour cap for 2020 onshore wind auctions

FRANKFURT (Reuters) - Germany will cap the maximum price for licences to build onshore wind turbines next year at 6.20 euro cents ($0.06) per kilowatt hour (kWh), the federal network regulator said, as it lowers the price to reverse a recent drop in applications.Germany's Bundesnetzagentur has to reconcile the need to facilitate new turbine constructions in a green energy drive with that of keeping prices down for consumers, who share the costs of feeding green power into grids.The agency said..