Germany’s green energy account surplus growing again

The surplus on Germany’s green energy account started to grow again in October, and at 3.4 billion euros it far exceeds last year’s October surplus of 1.9 billion euros, reports Sandra Enkhardt for pv magazine. At the same time, German wind and solar facilities produced more electricity in October than ever before with a total of 14.6 billion kilowatt hours, writes Enkhardt. Due to high level of wind power generation during a heavy storm, wholesale power prices turned negative for some hours. During such periods, many wind park operators are not eligible to receive feed-in tariffs, writes Enkhardt.

Read the article in German here, and find the balance sheet in German here.

For background, read the CLEW factsheets Balancing the books: Germany’s “green energy account” and Why power prices turn negative.