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Germany Upholds Groundbreaking Renewable Energy Law

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-08-07 07:29 PM
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Germany Upholds Groundbreaking Renewable Energy Law
http://www.renewableaccess.com/rea/news/story?id=49250

Germany's Ministry for the Environment has issued revised rules for the country's groundbreaking Renewable Energy Sources Act. The new rules significantly increase the tariffs for offshore wind energy, hydroelectricity and geothermal energy beginning in 2009.

For rooftop solar PV, the Ministry of Environment said it would raise the annual degression from the current 5% to 7% per year beginning in (2009) and to 8% beginning in 2011. The revised program will add a new tariff class for systems >1,000 kW of Euro 0.3548/kWh ($0.47/kWh). The current tariff is Euro 0.463 ($0.62/kWh) for systems >100 kW.

Most significantly, Germany, with the most aggressive renewable energy targets in the world, has increased those targets yet again. The Ministry of Environment announced that the targets for 2020 had increased to 27% from the previous 20% and had added a target of 45% by 2030. Previously, Germany had set a renewable target of 50% of total energy consumption by 2050.

The Ministry's report announced that tariffs for hydroelectricity will be raised to € 0.1267/kWh for <500 kW, to € 0.0865/kWh for >500 kW<2,000 kW, to € 0.0765/kWh
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burrowowl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-08-07 07:34 PM
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1. Good for Germany
What pisses me off it that Germany and Japan are ahead of us with solar and I live in New Mexico!
What gives! We still send coal fueled electricity to California! Does not compute!
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razzleberry Donating Member (877 posts) Send PM | Profile | Ignore Sun Jul-08-07 10:46 PM
Response to Original message
2. almost everybody wins
corporations make more money

taxpayers/electric-customers (not sure which)
get screwed

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