“Despite ongoing growth among systems that fall within the remit of the German Renewable Energy Sources Act (EEG), the high balance and the increasing market prices have led to a reduction in the EEG levy,” states a press release issued by the German Federal Network Agency (BNetzA).
LEVY FOR COVERING COSTS
OF REMUNERATED FEED-IN
In mid-October, there is an annual announcement stating the levy that will be provided in the following year to cover costs in accordance with the German Renewable Energy Sources Act (EEG). This levy is calculated on the basis of expert forecasts, with the German Federal Network Agency (BNetzA) responsible for ensuring that the new amount is determined properly. In 2018, the levy will be reduced from 6.88 euro cents to 6.792 euro cents per kWh.
RENEWABLE ENERGY EXPANSION
FULL STEAM AHEAD
Transmission grid operators estimate that 2018 will see an increase in renewable systems corresponding to around 8 gigawatts, with growth predominantly expected in the fields of offshore and onshore wind systems. The total amount of electricity generated from renewable energy sources will run to 204 terawatt hours.
For more information on the electricity price structure, click here.