Advanced Mechanisms for the Promotion of Renewable Energy: Models for the Future Evolution of the German Renewable Energy Act
The German Renewable Energy Act (EEG) has been very successful in promoting the deployment of wind power plants and other renewable energy power generating technologies in Germany. The increasing share of EEG-power in the generation portfolio, increasing amounts of fluctuating power generation, and the growing European integration of power markets governed by competition calls for a re-design of the EEG. This article identifies increasingly important problems and describes three different options to amend the EEG without jeopardising the fast deployment of renewable energy technologies. In the "Retailer Model", it becomes the responsibility of the end-use retailers to adapt the EEG power to the actual demand of their respective customers. The "Market Mediator Model" is the primary choice when new market players are regarded as crucial for the better integration of renew-able energy and enhanced competition. The "Optional Bonus Model" relies more on functioning markets.
|Date of creation:||2008|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.diw.de/en
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Claudia Kemfert, 2007. "The European electricity and climate policy—complement or substitute?," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 25(1), pages 115-130, February.
- Claudia Kemfert & Thure Traber, 2008. "Strommarkt: Engpässe im Netz behindern den Wettbewerb," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 75(15), pages 178-183.
- Claudia Kemfert & Jochen Diekmann, 2006. "Perspectives for Germany's Energy Policy," Weekly Report, DIW Berlin, German Institute for Economic Research, vol. 2(2), pages 11-22.
When requesting a correction, please mention this item's handle: RePEc:diw:diwwpp:dp826. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bibliothek)
If references are entirely missing, you can add them using this form.