Author Archive for Mutthias Leng and Anna Richter

EUR 442 Million August Profit on Renewable Surcharge Account – 1 Billion EEG 2014 Cost Reduction between July and August?

The TSOs reported a profit of EUR 442,832,426,76 for August 2014, leading to an increased positive balance on the Renewable Surcharge Account (EEG account) of EUR 1,506,159,979,54. This would be the first positive balance for the month of August, and is quite puzzling because of the important share of PV input. The situation gets even more surprising when looking at the total monthly expenses in August that are more than EUR 1 billion below the July figures. However, it appears as if the drastic reduction is due to a delayed payment flow reason, and not due to dramatically reduced EEG costs.

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