BNetzA: 12 Month Onshore Wind Power Growth of 5,308 MW Way Above EEG Target of 2,500 MW

The Federal Network Agency (BNetzA) informed that in the last 12 month (May 2017 – April 2018) new onshore wind power turbines with a total capacity of 5,308 MW were installed. This is more than double of the growth target of 2,500 MW annually as stipulated by the Renewable Energy Sources Act (EEG).  Due to this expansion feed-in tariffs will be cut 2.4% – the maximum reduction possible under the EEG – by October 2018.

Under the EEG, feed-in tariffs for onshore wind turbines are adjusted quarterly. The maximum reduction for new installations of 2,4% applies if installations exceed the so called breathing cap of 2,500 MW by 1GW or more.

The upcoming maximum reduction of feed-in tariffs for wind onshore installations in October 2018 is the fifth reduction quarter in a row. Tariff cuts of 2.4% had previously enforced for the quarters starting 1 October 2017, 1 January 2018 and 1 April 2018 following booming installation figures.

The feed-in tariff will be 17% lower than in early 2017 from October. From October 2018 the base value (Grundwert) of the feed-in tariff will be 3.87 Cent/kWh, and the maximum starting value (Anfangswert) will be 6.97 Cent/kWh (depending on site and installation specifications). In January 2017 the base value of the feed-in tariff was 4.66 Cent/kWh and the starting value was 8.38 Cent/kWh.

The recent reduction of feed-in tariffs will be the last one of this kind. From 2019 onwards only projects up to 750kW and prototypes will be exempt from auctions. For the special cases the feed-in tariff in 2019 will amount to 4,63 Ct/kWh. It is calculated using the average of the highest successful bids in Germany’s 2017 auctions.

Source: BNetzA

Related posts:

0 Responses to “BNetzA: 12 Month Onshore Wind Power Growth of 5,308 MW Way Above EEG Target of 2,500 MW”

  • No Comments

Leave a Reply