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ARTICLE · 24 JULY 2014

German Renewable Energy Act—Changes In 2014

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The amended German Renewable Energy Act takes effect on August 1, 2014 and will cause significant changes to Germany's renewable energy landscape.

GermanyEnergy and Natural Resources
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The amended German Renewable Energy Act ("REA") takes effect on August 1, 2014 and will cause significant changes to Germany's renewable energy landscape, including increased electric generation production targets from renewable energy sources, increased plant capacity, replacement of feed-in tariffs for a market premium system, and the implementation of a surcharge to aid utilities.

Target

The REA extends the targets for the generation of electric power from renewable energy sources so that the share of the energy generated from renewable energy sources increases from 40 to 45 percent until 2025, from 55 to 60 percent until 2035, and to 80 percent until 2050.

The photovoltaic plant capacity should increase by 2,500 megawatts ("MW") (target corridor between 2,400 MW and 2,600 MW, "Target Corridor") per year. The Federal Network Agency (Bundesnetzagentur) will establish a renewable energy power plant register in order to register all plants and will monitor the

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