German »market value solar« further declining to now 8.002 cents
Post date: 09/05/2023 - 14:08
Germany’s »Market Value Solar« fell again by almost ten percent from March to April to 8.002 Euro cents (8.823 ¢) per kilowatt hour. The value determined by the four German transmission system operators represents the average revenue from exchange trading in electricity from PV systems subsidized under the country’s Renewable Energy Law (EEG). At its current level, the market value, as well as the exchange electricity prices (»day-ahead« market of the European power exchange Epex Spot in the base load segment), is still far above the level that existed before the dramatic increase in electricity trading prices that began in the fall of 2021.
The market value is the benchmark for payments to photovoltaic plants in the direct marketing system, which is mandatory from 100 kilowatts. There are currently 22.04 gigawatts registered for this. Due to the still very good revenue opportunities, plants with 3.72 gigawatts are registered for »other direct marketing«. This means that a total of around 37 percent of Germany’s cumulated PV capacity is being marketed directly.