Improved regulatory framework for Geothermal Energy in Germany

  • 25 Jul 2016
  • by enerchange

The investment climate in Germany is still attractive since the government amended the Renewable Sources Act (EEG) lately on July 8, 2016. Unlike energy production by wind or solar power, geothermal energy is excluded from the call for bids by now. Start of degression on the feed-in tariff for produced electricity is shifted for four more years to 2021. Additionally, the EU Commission liftet the principle of non-cumulation of the feed in tariff with the KFW programmes for geothermal energy, as the patron Ilse Aigner, Minister for Economic Affairs, declared in her personal greeting to the event. All these regulatory measures improve the conditions of investment protection for future projects under stable political conditions.