Germany Forecasts €17.5 Billion in EEG Funding Needs for 2027 - Pv Magazine Global
7 Articles
7 Articles
The four German transmission system operators have presented their forecast for 2027. The result is burdening the federal budget more than planned.
The cost of funding is expected to be 17.52 billion euros, which is about one billion more than originally intended, which increases the pressure on the federal budget.
The forecast increases the pressure on the federal budget: Four transmission system operators expect that the state support for renewable energies will amount to 17.52 billion euros.
The "Transmission system operators" published yesterday the financing requirements under EEG, which is to be incurred in 2027 for compensation payments under the EEG. Despite rising prices on the electricity exchange, the financing needs of renewable energy sources add up to a hefty EUR 17.524 billion. So the electricity on the stock exchange is still too cheap for it to [...]
Germany forecasts €17.5 billion in EEG funding needs for 2027 - pv magazine Global
Germany’s transmission system operators forecast €17.5 billion ($19.6 billion) in funding needs for the Renewable Energy Sources Act (EEG) in 2027, as lower wholesale electricity prices are expected to increase support payments, particularly for older solar installations. The post Germany forecasts €17.5 billion in EEG funding needs for 2027 appeared first on pv magazine Global.
According to a forecast by the Research Centre for the Energy Industry, declining electricity market prices lead to rising EEG funding payments. According to the analysis, most of these payments are made by photovoltaic systems, with older existing plants with high remuneration rates particularly important.
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