Study: »Energy Sharing« could reduce electricity costs for 90 percent of German households

If the concept of »energy sharing« provided for in Europen Union legislation were transposed into German law, 90 percent of all households could reduce their electricity purchase costs. This is the result of a study now published by the Berlin-based Institute for Ecological Economy Research (Institut für ökologische Wirtschaftsforschung; IÖW) based on a concept paper prepared by the Citizens’ Energy Alliance (Bündnis Bürgerenergie) last October.
Energy sharing, i.e. the participation of citizens also in larger generation plants in their region with joint use of the electricity yields, has already been anchored by the European Union in its Renewable Energy Directive in 2019. The directive was to be implemented by the member states by 2021, but this has not actually happened in many countries, including Germany. The new German government elected last September agreed on implementation as a goal in its coalition agreement.
In their analysis, the authors of the study assumed a participation of an average of €100 to €200 ($105 to 210) per (adult) person in the construction of renewable energy plants, which would correspond to private investments of €6.5 to €12.8 billion ($6.8 to $13.5 billion). In this way, twelve percent of the total investment required for energy-sharing community plants could be raised. In addition to the cost-cutting effect for households, this would also have a further economic benefit, according to the study, because a lot of generation capacity in the vicinity of the respective consumers and thus a relief for the supply networks would be created.
© PHOTON

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