solar plant and wind turbine

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The transmission system operators announced today the level of the EEG surcharge for 2019: it amounts to 6.405 cents/kWh, a drop of 6%. At present, the EEG surcharge stands at 6.792 cents/KWh. The EEG surcharge helps to fund the expansion of renewable energy in the electricity market. Last year, as a result, more than a third of electricity consumed in Germany derived from sustainable energy sources. The EEG surcharge has been stabilised over the last five years. In 2014, the surcharge was only marginally lower, at 6.24 cents/kWh. At the same time, electricity generation from renewable energy sources has risen by 50%.

Federal Minister Altmaier said: “The reforms of the last few years are having an effect. Newly installed renewable energy needs less and less funding. This has made it possible for the EEG surcharge to fall for the second time in succession. That is good news for the energy transition, because we are showing that ecology and economic development can go hand in hand.”

The transmission system operators are expecting to see continued expansion of renewable energy in 2019, by close to 6 GW of capacity. This will mean an increase in electricity generation from renewable energy of 13 billion kilowatt-hours, equivalent to around 2% of Germany’s electricity consumption. The new generation of installations needs less and less funding. Back in 2014, for example, a large photovoltaic installation received funding of 9.5 cents/kWh. The figure today is less than half: 4.6 cents/kWh. This shows that the reforms to bring about a more cost-effective expansion of renewable energy have been successful.