Federal Network Agency Publishes September PV Figures and 2011 Solar Feed-in Tariffs

The Federal Network Agency (Bundesnetzagentur) has published the latest September solar capacity figures and the expected 13% reduction in solar feed-in tariffs for 2011. Depending on type and size of the PV installation, the feed-in tariffs for new installations in 2011 will be between EUR 0.2111 and 0.2874/kWh.

The 13% degression is the maximum reduction available under the Renewable Energy Sources Act (EEG) for 2011. It required that additional PV capacity registered after 31 May 2010 and before 1 October 2010 multiplied by 3 exceeds 6,500 MW. In reality, 3,628.240 MW were added in June, July, August and September. Multiplied by 3, this would have added up to 10,884.720 MW – a figure obviously well above the 6,500 MW threshold.

In fact, the additional capacities from June (2,108.905 MW) and July (663.064 MW) alone were enough to reach the threshold for the 13% reduction.

The figures  for additional PV capacity in Germany are huge. In the first nine months of 2010, additional solar generation capacity amounted to 5,372.366 MW. The Federal Government’s target for all of 2010 was 3,500 MW. Together with the 9.8 GW installed by the end of 2009, by 30 September 2010 Germany had an installed PV capacity of about 15.2 GW.

It remains to be seen whether the upcoming substantial increase in electricity prices or grid issues due to the massive increase in solar generation capacity will lead to political action before the scheduled 2012 revision of the EEG.

Source: Bundesnetzagentur

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