German solar market hits high of €0.261/kWh in July – Policy

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From pv magazine Germany

From June to July, the market worth of photo voltaic elevated by greater than €0.07 ($0.071) to achieve its highest worth in 2022 of €0.26093/kWh, in response to the nation’s transmission system operator. Energy spot market costs additionally rose sharply, growing by nearly €0.10 to achieve €0.0315/kWh in July.

The market worth for each onshore and offshore wind soared, reaching €0.278/kWh and €0.287/kWh, respectively. In comparison with Could, this represents nearly a doubling in worth for wind, together with a significant improve within the spot value.

Operators in Germany’s direct advertising system can thus stay up for excessive revenues, as Fraunhofer ISE has reported new document quantities for photo voltaic technology in July for the third month in a row. The report exhibits that PV methods in Germany produced 8.223 TWh of electrical energy, marking the second time that the 8 TWh mark has been surpassed since June.

The worth of €0.261/kWh is considerably above these outlined for the direct advertising mechanism in Germany’s Renewable Power Act (EEG). It is usually far above the values for each rooftop and ground-mount methods which were produced by tenders within the nation.

Within the current “Easter package deal” replace to the EEG, Germany’s federal authorities considerably elevated the values to be utilized in direct advertising, with methods that obtain feed-in-tariffs remaining eligible to obtain bonuses. Nevertheless, the €0.134/kWh that can be paid to all PV methods as much as 10 kW in measurement, assuming they’ve been commissioned for the reason that finish of July, continues to be far under photo voltaic electrical energy’s present market worth.

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This text was amended on 09/08 to right the market worth numbers, which have been beforehand out by one decimal place.

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