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Revision of the Green Energy Act

In March the first draft of the Green Energy Act was presented. This version was an improvement of its predecessors however was still vague and filled with hidden obstacles and very low objectives. (e.g. a mere increase of 2.1M to 3M Euro) The decrease in waiting time was to be coupled with a tariff reduction of 30%. The new version proposed on July 7, 2011 calls for a total budget of 50M Euro for all renewable energy sources. 8M Euro of this will go towards photovoltaics. A part of the law was enacted this fall with the beginning of the reduction of the waiting list. The rest of the Green Energy Act 2012 will go into effect after approval from the EU, foreseen between April and July. The new Green Energy Act contains a “Surplus Pot” to be distributed between wind and small water plants as well as photovoltaics. The budget of the “Surplus Pot” will decrease yearly by 1M Euro.

New Rates of Remuneration in Germany as of January 1st, 2012

The feed- in compenstation for new solar power systems sinks 15% as of January 1st, 2012.

• On roof systems up to 30 kWp 24.43 ct/kWh
• On roof systems up to 100 kWp 23.23 ct/kWh
• On roof systems over 100 kWp 21.98 ct/kWh
• On roof systems over 1000 kWp 18.33 ct/kWh
• Open space systems 17.94 ct/kWh

While costs of solar power continue to sink, the production of solar powered energy continues to climb. The German Solar Industry Association reports that between 2009 and 2011 the amount of solar powered electricity being produced tripled. In the first half of 2011, with a share of 3.5%  of overall power consumption, solar power overtook water power for he first time. By 2020 the Solar Industry Association speculates this number will rise to 10%.