19 Jun 2017

Germany’s green energy account surplus exceeds five billion euros

Cost & Prices Renewable Energy Act | EEG 2016 Renewables

Frankfurter Allgemeine Zeitung

The surplus on Germany’s green energy account continues to exceed five billion euros, compared to 4.3 billion euros in May 2016, reports Andreas Mihm in the Frankfurter Allgemeine Zeitung. But the surplus will shrink over the summer to pay for seasonally higher solar feed-in. The surplus has risen strongly because the green power surcharge rose to 6.88 cents per kilowatt-hour, because relatively moderate wind speeds put a break on wind feed-in at the start of the year, and because many renewable operators sold their electricity directly on the power exchange due to high wholesale prices, according to the article.

Find the article in German here.

Find the grid operators’ most recent data on the green energy account here.

For background, read the CLEW factsheet Balancing the books: Germany’s “green energy account”.

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