Germany enacts Solar Peak Act to control PV surpluses and pricing

Germany’s Solar Peak Act, which is starting in March 2025, will end PV subsidies when prices are low, making energy storage more important and keeping the grid stable.

By Prudhvi Rani 19 Feb 2025 | Updated On 19 Feb 2025 16:11 IST in Policy Bytes EMEA Bytes

New Update

Germany’s Solar Peak Act addressed negative electricity prices caused by high solar power production, ensuring grid stability and balanced energy supply. Image Credit/Source: Antranias/Pixabay

Government of Germany introduced the Solar Peak Act to manage challenges in solar energy. As the country used more clean energy, electricity prices sometimes dropped below zero during high solar power production. To solve this, the government introduced the Solar Peak Act. It is set to take effect in March 2025. The act aims to stabilize the grid and balance energy supply. It also created opportunities for energy storage technologies to manage extra power efficiently. The German Federal Parliament considered a law to allow residential storage systems to trade electricity. This was expected to improve grid stability. It also aimed to create new revenue opportunities for both residential and commercial system owners.

#Germany #GermanFederalParliament #SolarPeakAct #PVSubsidies

Advertisment {'id': '67b59b064b9c75f723faed5a', 'source_name': 'Solax Power', 'source_link': 'https://www.solaxpower.com/germanys-solar-peak-act-seizing-the-opportunity-for-a-sustainable-and-profitable-renewable-energy-future.html', 'contact_name': '', 'contact_email': ''}

Advertisment

Scan to join our channel