With Germany working on its goal of producing 80% of electricity consumption covered by renewable energy in 2030 as set out in the EEG 2023, it has announced plans to provide a new contract model to enlist local communities in the energy transition.
German battery storage manufacturer sonnen will offer German households the possibility to switch between feed-in-tariffs from the Renewable Energy Act (EEG) remuneration and wholesale market prices.
Land and subsidy restrictions for PV and wind could see country fall short of 65% renewable target by 2030 despite record generation levels, ZSW and BDEW warn.
Millions would back removing cap set to kick in once 47GW-plus industry hits 52GW capacity mark, says association BSW Solar as government mulls next moves.
Germany’s ‘big four’ utilities have all referred to the growing importance of renewable energy in their business models in reporting their latest financial results.