|Policy Type:||Economic Instruments>Fiscal/financial incentives, Regulatory Instruments|
|Policy Target:||Framework/ Multi-sectoral Policy, Energy Sector>Electricity Generation|
|Agency:||Federal Ministry of Economics and Technology|
On 15 August 2001 the German Cabinet adopted the draft of the new Co-generation Act which had been submitted by the Federal Ministry of Economics and Technology. In view of the importance of co-generation for the environment, the draft act will provide financial incentives for retaining and modernising existing facilities. The legislation will further provide for supplementary funding to foster the additional construction of small, block-type thermal power stations and of fuel-cell units. Operators of the assisted co-generation facilities are entitled to bonus payments that are expected to total €4.4 billion by 2010. Operators of fuel-cell units will receive particular assistance. They are to be given a €0.05 bonus for every KWh fed into the grid for a period of ten years after the start of operations.
|This record is superseded by:||Combined Heat and Power (CHP) Extra Law (Gesetz zum Schutz der Stromerzeugung aus Kraft-Wärme-Kopplung - Kraft-Wärme-Kopplungsgesetz)|
Last modified: Thu, 14 Mar 2013 12:54:51 CET