Our article “The 2014 German Renewable Act revision – from feed-in tariffs to direct marketing to competitive bidding” has just been published online in the Journal of Energy & Natural Resources Law (JENRL). On 16 pages (with lots of footnotes), the article describes the major changes to the German support system for renewable energy sources following the 2014 revision of the German Renewable Energy Sources Act (EEG 2014).
Archive for the 'Geothermal' Category
Page 2 of 10
According to the latest information by the Federal Association of the Energy and Water Industry (BDEW), a total of 1.48 million renewable power installations generated electricity in Germany by the end of the year 2013. Solar power accounted for by far the largest amount with roughly 1.4 million installations, followed by wind power (23,024) and biomass power plants (13.589).
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.
As of 1 January 2016 E.ON spin-off Uniper will start operations at the current E.ON headquarters in managed by long-term E.ON manager and CFO Klaus Schäfer. The new company will encompass conventional power generation, energy trading, and exploration and production. E.ON CEO Johannes Teyssen will continue to head the company that wants to focus on renewables, energy networks, and customer solutions. Michael Sen, currently CFO of Siemens Healthcare, will become E.ON’s CFO effective June 1, 2015. Headquarters will be in Essen.
The share of renewable energy sources in German gross electricity consumption reached 27.8% in 2014, up from 25.4% in 2013, the Federal Ministry for Economic Affairs and Energy announced. This is even slightly higher than the 27.3% announced by the Federal Association of the Energy and Water Industry (BDEW) in January 2015 as a preliminary figure.
Te Federal Ministry for Economic Affairs and Energy (BMWi) has presented different market analyses for the other renewable energy sources, launching a public consultation on them. This is to prepare auctioning of financial support for all renewable energy sources by 2017 at the latest. It follows the recent announcement of the first tender for financial support under the Renewable Energy Sources Act (EEG) for freestanding PV power plants.
The Office for Mining, Energy and Geology of the State of Lower Saxony (LBEG) and the State Ministry for Energy have published a proposal amending the “Guideline for the Use of Geothermal Heat in Lower Saxony” aimed at facilitating the installation of horizontal ground source heat pumps (Erdwärmekollektoren).
Prof. Säcker again organised one of his excellent energy seminars at the Institute for Energy and Regulatory Law Berlin. On 12/13 January, it was his energy law crash course. I had the pleasure of speaking on greenhouse gas emissions law.
An overview on direct marketing of renewable power by the operators in 2014 published by the four German transmission system operators (TSOs) shows that onshore wind power output has been mostly sold directly by operators and offshore wind power to a large extent by December 2014. Under the Renewable Energy Sources Act 2012 (EEG 2012) and the EEG 2014 that became effective as of 1 August 2014, operators can claim a market premium in addition to the sales revenue obtained (cf. Section 34 EEG 2014).
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.