Germany's PV Costs Plummet to 0.10-0.14 Euros/KWh, Utilities Signal Stable Prices in 2015
Photovoltaics (PV) costs are plummeting, now at 0.10-0.14 euros per kilowatt-hour for new systems. However, system costs have emerged as the main challenge. Germany's largest utilities hint at stable or capped gold prices in 2015, despite a rising renewable surcharge.
Germany's renewable surcharge for 2014 stands at 1 cent more per kilowatt-hour than in 2013. This increase is primarily driven by lower wholesale prices and industry exemptions, not the rising cost of feed-in tariffs. The 'green' kilowatt-hour averages around 12.1 cents, set to decrease further, while wholesale prices hover below four cents.
The biggest utilities in Germany suggest gold prices may not rise or could cap in 2015. This optimism stems from falling wholesale prices potentially outstripping the rising surcharge, stabilising or even reducing retail rates. However, Germany must keep overall supply costs in check, particularly addressing the winter gap in renewable energy supply.
Photovoltaics costs are dropping rapidly, but system costs pose a significant challenge. Germany's largest utilities signal potential price stability in 2015, despite a rising renewable surcharge. To ensure affordable energy, Germany must manage its renewable energy supply effectively.
