Power export: Germany achieves record income
Muenster - In 2013, the German power sector earned more than ever before from the export of electricity. Last year, Germany exported electricity worth € 3.76 billion to neighbouring countries. At the same time, € 1.81 billion worth of electricity was imported, according to the IWR, a renewable energy institute located in Muenster, Germany. The information is based on data from the Federal Statistical Office. Overall, Germany achieved a record € 1.95 billion net export surplus. The energy companies purchased imported electricity for an average of 4.9 cents (ct) per kilowatt hour (kWh), while at 5.2 ct/kWh on average power exports brought in revenues that were far higher.
Moreover, the prices achieved with the export of electricity were significantly above the exchange power prices on the spot and futures markets. On the spot market, which also trade energy obtained from renewable energy sources, purchasers of electricity paid an average of 3.78 ct/kWh. \"It can at least be suspected that in some cases the power based on the Renewable Energy Act in Germany (EEG) paid by the consumer was purchased by traders on the exchange at a lower price and sold abroad with considerable margins\", said IWR-Director Dr. Norbert Allnoch in Muenster. \"However, this cannot be proven, since the legislator has stipulated that green EEG-power can currently be marketed on the energy exchange neutrally with respect to its origin, i.e. without being designated as such\", added Dr. Allnoch.
Muenster, 17 July 2014
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About Internationales Wirtschaftsforum Regenerative Energien (IWR)
In 1996, the International Economic Platform for Renewable Energies (IWR) was established as an independent and private service institution of the renewable energy industry. The IWR focuses on the fields of research, economic and policy consultation as well as media and international networks in the renewable or regenerative energies sector. One main objective of the IWR is to play an instrumental role in introducing and spreading awareness for an industrial, international business profile of the renewable energy industry.
Dr. Norbert Allnoch, Director of the International Economic Platform of Renewable Energies (IWR), 1995, on the definition: "According to our definition, the Renewable Energy Industry is one which takes an interdisciplinary approach to the issue of renewable energy supply (protecting both the climate and resources) and the construction of renewable plants and systems (industry policy for the three areas electricity, heat and fuel."Chronology of the Renewable Energy Industry - Important IWR contributions, including prizes and awards - 2007 Publication of the first structural analysis for a federal state according to the IWR-analysis method for renewable systems engineering and servicesï¿½(study "Zur Lage der regenerativen Energiewirtschaft in NRW" )2007 International network-contacts:IWR-director Dr. Allnoch speaks with King Harald V. of Norway and ï¿½slaug Haga, norwegian minister of energy Presentation of the network / RENIXX in the USA, dialogue with McGinty, environment minister of Pennsylvania2006 IWR starts renewable stock index RENIXXï¿½ (