Renewable energy: Experts warn: Rich network package produces unnecessary costs
Federal Minister of Economics Katherina Reiche wants to better synchronize the expansion of renewable energy with the expansion of the grid. However, experts warn of unnecessary costs.
Germany's planned "network package" has sparked debate in the renewable energy sector and among power grid operators. Despite modifications, experts and industry representatives still see weaknesses, particularly in the "redispatch reservation" which could drive up financing costs for renewable energy projects. The reservation would remove compensation for new wind and solar installations if they need to be downregulated due to grid overload.
Critics, including the president of the Federal Association for Renewable Energy, Ursula Heinen-Esser, argue that this could lead to higher financing costs and ultimately higher electricity prices. The package is set to be discussed in the Bundestag on September 21.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
