German Renewable Energy Act (EEG Novelle 2021) - Considerable Changes Proposed
It has been the central backbone of Germany`s energy turnaround, the Renewable Energy Act (Erneuerbare Energien Gesetz). Enacted in 2001, it survived several amendments and revisions, changing from a feed-in tariff regime to a, specific German, feed-in premium modell. The current EEG stems from 2017 and by that time some fundamental changes were made to the system, as discussed on this blog . Now the german government decided to, once again, amend the EEG to accelerate the faltering energy turnaround. The new EEG amendments (so called EEG Novelle 2021 ) shall come into force on 1 January 2021. By 2030 65 % of electricity in Germany shall come from renewable sources and by 2050 the share will be 100%. This blog entry critically reflects upon the main amendments to the EEG that the government proposes and identifies four crunchpoints.