The German Federal Cabinet last week agreed on three energy projects items on its energy turnaround agenda. This included the (very limited) opening of tenders for the support of renewable energies for other EU Member States, the revision of the Incentive Regulation Ordinance amending incentives towards investments into distribution networks, and the decision to implement the KFK-proposal regarding the financing of the nuclear power phase-out, including post spin-off liability.
Tag Archive for 'EEG 2014'
The EU’s General Court today sided with the Commission’s view that the EEG 2012 involved state aid. It rejected Germany’s arguments to the contrary, seeking annulment of a Commission decision of 25 November 2014 on a scheme for the support of renewable electricity and of energy-intensive users.
In 2015, CO2 reductions using renewable energy electricity supported by the German Renewable Sources Act (EEG) amounted to about 103 million tonnes. In the same period, net EEG payments amounted to about EUR 22.6 billion. Average cost per tonne of CO2 reduced using the EEG therefore amounted to about EUR 219/tonne. During the same period, the price for EU Emission Allowances (EUA) at the EEX secondary market was somewhere between above EUR 6 and below EUR 9 per tonne CO2.
The EEG surcharge for 2016 will increase to 6.354 ct/kWh in 2016, up 3% from 6.17 this year. The grid operators expect to reallocate EUR 22.9 billion of EEG transfer payments, up 5% from last year’s 21.8 EUR billion. If you divide the expected EEG reallocation payments by the German population of 81.2 million, this means about EUR 280 per head.
The uniform contract value for the 33 bids with a total capacity of 159.735 kW that were awarded contracts in the second German tender for financial support pursuant to the Renewable Energy Sources Act (EEG 2014) is 8.49 ct/kW, the Federal Network Agency (BNetzA) announced. In the first tender, where bids were binding, the average contract value was 9.17 ct/kWh.
Another operator of a biogas plant has launched a constitutional complaint against a provision in the Renewable Energy Sources Act as applicable since 1 August 2014 (EEG 2014). The operator is again supported by the renewables assocation Nachhaltige Energie e.V.
In the second German tender concerning financial support pursuant to the Renewable Energy Sources Act (EEG 2014) for 150 MW of freestanding PV capacity, 33 bids with a total capacity of 159.735 kW were selected by the Federal Network Agency (BNetzA). The exact financial support is yet unclear as a uniform pricing method applies.
Three negative monthly balances in May, June and July 2015 have reduced the surplus on the Renewable Energy Account (EEG account) managed by the transmission system operators (TSOs) to EUR 3.75 billion by the end of July 2015. On 15 October 2015 the TSOs have to inform whether the EEG surcharge for consumers will be reduced in 2016.
Clearingstelle EEG (EEG Clearing Agency) has amended and adjusted its rules of procedure (Verfahrensordnung – VerfO) and table of fees (Entgeltordnung – EntgeltO) to the EEG that came into force on 1 August 2014 (EEG 2014).
The Federal Network Agency (BNetzA) received 136 bids in the second 150 MW tender for financial support under the Renewable Energy Sources Act (EEG) for freestanding PV power plants. The tender was more than three times oversubscribed, BNetzA said. Yet the number of bids was lower than the 170 bids made in the first ever PV auction for 150 MW that ended on 15 April 2015.