Energy turnaround the simple way

EEG 2042

March 2012: In response to the German government’s draft bill on the amendment to the Renewable Energy Sources Act (EEG), GP JOULE put forward its “EEG 2042” model. This sustainable alternative is based on EEG 2012 and is based on four criteria and objectives: simplicity, transparency, planning security and acceptance of the energy turnaround.

EEG 2042 – the transparent, low-cost and people-oriented alternative

GP JOULE presents EEG 2042 as a new alternative – alongside EEG 2012 and the federal government's bill, which is disadvantageous to both citizens and businesses. In its implementation, this new EEG aims to simplify things for citizens, politicians and companies: “Energy turnaround the simple way” It is also about giving citizens a simple and unbureaucratic way of consuming solar power themselves from small systems. This allows highly economical and ecological use of electric current that is cheaper to produce than the power from the grid.

  • EEG 2042 refers in its substance to EEG 2012, which is currently applicable law.
  • The fact that the EEG levy is too high and places an excessive financial burden on citizens and companies is repeatedly cited as a central point of criticism when it comes to expanding photovoltaics. GP JOULE would like to make an active contribution to stabilising the EEG levy, thereby securing acceptance for the energy turnaround in the long term. We therefore propose a complete revision of the feed-in remuneration rates.
  • Instead of a complicated step system, the proposal is to introduce a “universal start rate”. This rate is to be set at 12 cents per KWh for all plants – regardless of output. It will then apply at the same level for the next 30 years, i.e. until 2042. Only an adjustment to inflation of 1.5% per annum is planned.
  • The remuneration does not change throughout the entire period. This means that those who invest in 2012 receive remuneration for 30 years. Those who invest in 2013 receive it at identical rates for 29 years. Those who do so in 2021 receive the remuneration at the universal start rate for 21 years.
  • For plant operators and investors, the 30-year term of the EEG 2042 provides long-term planning security. In turn, this security establishes the obligation to generate and supply electricity continuously at low cost.
  • The regulation also creates long-term security for end consumers: they can rest assured that their electricity bill will not increase as a result of the growing share of solar electricity in the grid.