The falling price of electricity in Germany will lead to a lowering of the rates of pay for wind power under its Renewable Energy Feed-In Tariff (REFIT) from the start of next year. Wind and solar operators will receive DEM 0.1610/kWh during 2000, compared with the current rate of DEM 0.1652. The tariff for 2000 is fixed at 90% of the average selling price of electricity to consumers in 1998, not including sales tax. The federal office of statistics reports that the average price in 1998 was DEM 0.1789/kWh, the lowest since the REFIT came into force in 1991.
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Senior Renewable Energy Analyst (WindGEMINI Product Lead) DNV GL Bristol (City Centre), City of Bristol