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.
Tag Archive for 'eeg surcharge'
The Federal Network Agency has started a consultation on a guidance document on so-called own-supply under the EEG 2014 (Leitfaden Eigenversorgung). Comments are due by 20 November 2015.
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.
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.
Two recent rulings by the Federal Administrative Court (BVerwG) have clarified the requirements under which independent business units of manufacturing companies could apply for a limitation of the surcharge paid on electricity in support of renewable energy sources (EEG surcharge) under the Renewable Energy Sources Act 2009 (Section 41 para. 5 EEG 2009).
April 2015 ended with a monthly surplus of EUR 263 million EUR for the Renewable Surcharge Account (EEG account), leading to a current total of EUR 5.06 billion in the account. Payments by the transmission system operators (TSOs) in support of renewables amounted to EUR 1.85 billion in April 2015, down from EUR 2.15 billion in April 2014.
According to calculations by the price comparison website Check24, a 4-member household with an electricity consumption of 5,000 kWh has to pay EUR 1,417 today, EUR 382 or 37% more than 2008 (EUR 1,035). State induced price elements meanwhile account for 53% (EUR 747.39) compared with 41% in 2008, with the Renewable Energy Sources Surcharge (EEG Surcharge) even rising by 437%. The actual electricity costs rose by only 10% in the period under review.
On Thursday Parliament (Bundestag) approved an ordinance amending the Equalisation Scheme Ordinance (AusglMechV) and the Equalisation Scheme Execution Ordinance (AusglMechAV), which aims to bring both ordinances in line with the Renewable Energy Sources Act (EEG 2014) that entered into force on 1 August 2014. The ordinances provide the legal framework for calculating and levying the renewable surcharge (EEG surcharge).
The Renewable Surcharge Account (EEG account) ended the year 2014 with a final surplus of EUR 2,851,539,698.15. Total TSO payments for renewables rose by 11% from EUR 19.4 billion in 2013 to EUR 21.5 billion in 2014. In 2014, German consumers paid EUR 22.4 billion in EEG surcharges.
Last Friday the four German transmission system operators (TSOs) presented their forecast for the 2016 EEG surcharge range. The current trend points towards 6.5 ct/kWh, with a likely range between 5.66 and 7.27 ct/kWh. The lower and the top end of this rather wide range are 0.51 ct/kWh less respectively 1.1 ct/kWh higher than the EEG surcharge of 6.17 ct/kWh for 2015. The TSOs also published the 5-year medium term forecast on renewable power (Mittelfristprognose), providing information on expected installed capacity, renewable power input into the grids, payments made to operators in accordance with the Renewable Energy Sources Act (EEG) and sales to final consumers (Letztverbraucherabsatz).