The Renewable Expansion Act (EAG) has a target of 27 terawatt hours (TWh) of renewable generation capacity by 2030. Wind power is expected to contribute eleven TWh, supported almost exclusively through market premiums. The WEEE market premium is aimed at covering the
difference between the production costs of electricity
from renewable sources and the
average market price
for electricity (according to EAG §§ 12, 13) for a certain period of time.
In order to enable a broader expansion of wind power and to compensate for locational disadvantages, the Renewable Energy Sources Act offers the possibility of adjusting the so-called applicable value (azW) as a determinant for the
market premium on the basis of location criteria
. These are, on the one hand, the wind yield of the location and the altitude: the lower the yield and the higher the location of the plant, the higher the achievable subsidy per unit of electricity generated.
The Energiewerkstatt has a
user-friendly
EAG-
Market Premium Calculator
developed, with which the respective value to be applied (azW) for wind power projects according to the EAEC can be calculated easily and clearly. More information and the EAG-market bonus calculator itself can be found on the homepage of oesterreichsenergie.at.
#EAG market premium
#Renewable Expansion Act
#Wind energy
#renewable energies
#Energy transition