|Policy status:||In Force|
|Policy Type:||Information and Education, Policy Support, Economic Instruments>Fiscal/financial incentives|
|Policy Target:||Energy Sector>Distribution/Storage, Energy Sector>Electricity Generation, Energy Sector>Electricity Generation>Renewable|
|Agency:||Ministry of Environment|
In 2000, the German government introduced a new system of financial aid for renewable energy sources. The Renewable Energies Act which came into effect 1 April 2000 targets a 12% share for electricity produced from renewable energy by 2010. The act is a revision of the 1990 Act on the Sale of Electricity to the Grid, which introduced a system of guaranteed sales prices for electricity from renewable energy sources such as wind, hydro, and solar energy. Producers of electricity from such sources will be able to sell to the grid at a price guaranteed by the law. Grid operators shall be obliged to connect to their electricity generation installations (hydrodynamic power, wind energy, solar radiation energy, geothermal energy, gas from biomass) to purchase electricity in accordance with defined provisions.
Last modified: Wed, 08 Oct 2014 16:00:25 CEST