Network operators expect a surplus from the EEG subsidy system | news

Network operators expect a surplus from the EEG subsidy system |  news

BERLIN (dpa-AFX) – Due to the high electricity prices, the transmission system operators are expecting a surplus of billions from the support system of the Renewable Energy Sources Act (EEG) in 2023. Specifically, a surplus of 3.6 billion euros is expected, as the Federal Network Agency announced on Friday.

Due to the high electricity prices, it is expected that the income from the marketing of the electricity paid for under the EEG will exceed the need for support. The transmission system operators keep a so-called EEG account to process the EEG support system. This is currently around 17 billion euros in the plus.

In the past, differences between expenses and income were financed via the EEG surcharge, an important part of the electricity price. The amount of the levy was announced in mid-October.

However, the levy has now been abolished by the federal government in order to relieve consumers and companies. A possible financing requirement for renewable energies will in future be compensated for by the federal climate and transformation fund.

The federal government wants to use an earlier subsidy to the EEG account worth billions in order to slow down a further increase in electricity prices. In concrete terms, it is about stabilizing the grid fees, i.e. electricity grid fees. For interim financing, the Ministry of Economic Affairs wants to access surpluses on the EEG account – until the planned “defense shield” is installed./hoe/DP/ngu

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