Negative electricity prices and § 51 EEG

Negative electricity prices and the regulations of § 51 EEG (loss of remuneration in case of several hours of negative prices) have a direct influence on the future revenues of wind farms and PV projects in the German market. We quantify the development of negative prices and the corresponding revenue losses based on our electricity price forecast calculations, taking into account future market developments such as the growth of renewable energies and storage. Our § 51 study, which we have been offering since 2015 and update regularly, provides a sound energy-economic assessment basis for investors, banks and project developers of wind farms and solar projects. It considers the changing regulations on the discontinuation of the feed-in tariff according to §51 with the corresponding rules for shortened hourly blocks over time.