Articles filed under Taxes & Subsidies from Germany

“We are heading for a disaster” - Lower Saxony warns of the end of wind power subsidies

Berlin Olaf Lies expects the worst. Lower Saxony's energy and environment minister, together with the consulting firm Windguard, had the experts at his company determine the extent to which wind farms could go offline in the coming years because the subsidies for the systems according to the Renewable Energy Sources Act (EEG) will end. From the point of view of the SPD politician, the results are alarming: "We are heading for a catastrophe," Lies told the Handelsblatt.
22 Aug 2020

Six-hour negative pricing rule damaging offshore wind revenues

Prices often drop below zero when there is excess wind and solar generation in the market, but fossil and nuclear power plants fail to throttle their output even though their generation costs are higher and renewables have priority grid access. This may be because a complete shutdown of conventional generation plants followed by a restart would cost operators more than continuing production at negative prices, or continued operation is required to supply district heating.
30 Apr 2020

Germany climate package 'lacking in courage and power'

Onshore wind continues to be held back by the insistence of chancellor Angela Merkel's CDU party on fixing the minimum distance between wind turbines and residential housing at 1,000 metres. This move will "massively cut back the area available for wind energy", said the BEE. "It will throw regional and federal state planning [for wind energy] into chaos and endanger the whole wind sector," said Hermann Albers, president of BWE, the federal wind energy association.
20 Sep 2019

Power prices go negative in Germany, a positive for energy users

The wholesale costs of power make up only about a fifth of the average household electricity bill in Germany. The rest is a stew of taxes, fees to finance renewable-energy investments and charges for use of the grid. That means their bills are lower than they otherwise would be, because power prices are sometimes negative, but utilities are not depositing money in customers’ bank accounts.
26 Dec 2017

Taxpayer support for renewable energy simply cannot be justified

Move over, Ponzi; forget Bernie Madoff; ignore Enron; and dismiss collateralised debt obligations ­associated with subprime mort­gages. Without a doubt, the biggest scam perpetrated against taxpayers and consumers is ­renewable energy. And if you think this scam is just an Australian phenomenon, think again. With very few exceptions, governments all over the world have fallen into the trap of paying renewable energy scam­mers on the basis that it is neces­sary, at least politically, to be seen to be doing something about ­climate change.
7 Oct 2017

Wind Energy In the Doldrums: Germany's windmill producers have hit a dangerous lull after a change in the law on subsidies

Producers blame the decline on a loophole in a new law which seeks to minimize the amount of subsidy for new wind projects. New projects are approved in an auction with the lowest bidder getting the nod – at least theoretically. But lawmakers carved out special rules for the so-called “citizens’ energy companies” – cooperative-like entities that allow local communities to own new facilities. 
28 Aug 2017

German 2016 green power surcharge at 6.354 cents/kWh -grid firms

A surcharge levied on German consumers to support renewable power will rise 3 percent next year, despite government efforts to scale back support for green power, a statement from the country's network operators (TSOs) showed on Thursday. ...A household using 3,500 kWh per year would have to pay 222.39 euros towards the EEG alone in 2016, 3 percent more than this year, retail portal Toptarif said.
15 Oct 2015

German utilities bail out electric grid at wind’s mercy

Twenty power companies including Germany’s biggest utilities, EON SE and RWE AG, now get fees for pledging to add or cut electricity within seconds to keep the power system stable, double the number in September, according to data from the nation’s four grid operators. Utilities that sign up to the 800 million-euro ($1.1 billion) balancing market can be paid as much as 400 times wholesale electricity prices, the data show.
25 Jul 2014

German energy push runs Into problems

Electricity prices in Germany are already among the highest in the world. The price of industrial electricity has risen about 37 percent since 2005, according to the Federation of German Industries. The price in the United States has fallen by 4 percent over about the same time. The rise in energy prices has already cost Germany $52 billion in net exports and could prove even more damaging if steps are not taken to keep prices in check.
20 Mar 2014

http://www.windaction.org/posts?location=Germany&topic=Taxes+%26+Subsidies&type=Article
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