Auswirkungen des neuen Erneuerbare-Energien-Gesetzes auf Offshore-Wind-Investitionen

Marita Balks () and Philipp Breloh ()

Wirtschaftsdienst, 2014, vol. 94, issue 7, 520-523

Abstract: The German Renewable Energy Sources Act (EEG) has burdened private and industrial consumers with record electricity costs. Consequently, Energy and Economics Minister Gabriel pushed reform through cabinet on 8 April 2014 to curtail revenue guarantees to investors and to cut costs. The revenue guarantee reductions, most notably of one cent per kilowatt hour in the “Stauchungsmodell”, bring investor returns down to 9.8 per cent, i.e. into the region of the financing costs faced by investing energy companies. If investors stay away from offshore wind power due to marginal economics, the scale benefits in investment and ongoing production costs of an estimated 30 per cent may jeopardise the original intended cost reduction. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Keywords: D78; G31; G32 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10273-014-1707-5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:wirtsc:v:94:y:2014:i:7:p:520-523

Ordering information: This journal article can be ordered from
http://www.springer. ... policy/journal/10273

DOI: 10.1007/s10273-014-1707-5

Access Statistics for this article

Wirtschaftsdienst is currently edited by Christian Breuer

More articles in Wirtschaftsdienst from Springer, ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().