Thursday, August 8, 2013

Germany's renewables surcharge looks set to soar higher again in 2014

3 relevant points to introduce the article:

  • the surcharge (EEG) already equates to ~7.3 Canadian cents/kWh
  • the rate was raised ~47% for 2013, yet the deficit position at the end of July 2013 is more severe than at the same time in 2012
  • Germany has ~30GW of wind capacity, so if wind produced as little as stated in this article, that's a shockingly, shockingly low monthly capacity factor of 1.25% - which indicates a toy technology entirely lacking in capacity value.

TSO Renewable Energy Transfer Payments Increased in July, Adding to Deficit « German Energy Blog:
The latest marketing results for renewable energy have also led to the account balancing the sales revenue and expenses dipping further into the reds. The monthly EEG balance account started in January with a surplus of EUR 420,629,619.12. Since May 2013 the balance account is negative, with a new peak of EUR – 848,943,247.03 for July. Furthermore, as last year’s EEG surcharge did not cover all expenses, the account started into the year with a minus of EUR 2,691,166,648.46. Hence the current balance account in total is EUR – 1,748.488,953,69. Compared with the deficit in July 2012 (EUR – 1,145,542,614.71), this does not bode well for the EEG surcharge for 2014, which will be announced in October 2014 by the TSOs.
Out of the 6,973 GWh in July, PV contributed 4,817 GWh, with biomass being a distant second at 1,575 GWh. Wind contributed 276 GWh, the lowest so far this year.
Read the entire article at the German Energy Blog

No comments:

Post a Comment