The levy for renewable energy schemes in Germany is set to fall by 6% next year to €0.06405 ($0.07) per kWh. It is the second successive cut under the country’s renewable energy law (EEG). The levy has been stable since 2019 although the amount of subsidised power has risen by 50%, spot prices have risen and there is a €3.65bn surplus in the EEG account. Transmission firms consider expansion of solar and wind power when calculating the levy. They expect 5.75 GW of new capacity with the total renewables generation expected to reach 217 tWh in 2014.
The levy for renewable energy schemes in Germany is set to fall by 6% next year to €0.06405 ($0.07) per kWh. It is the second successive cut under the country’s renewable energy law (EEG). The levy has been stable since 2014 although the amount of subsidised power has risen by 50%, spot prices have risen and there is a €3.65bn surplus in the EEG account. Transmission firms consider expansion of solar and wind power when calculating the levy. They expect 5.75 GW of new capacity with the total renewables generation expected to reach 217 tWh in 2019.