This policy paper lays out an innovative concept for the German government to catalyse a new wave of investments in the Energy Transition, reduce the renewable energy surcharge (the EEG Umlage), and re-engage early investors in the Energy Transition.
Idea in a Nutshell:
- Early adopters of solar PV systems would be offered a discounted payout for their remaining FIT payments.
- The payout would be earmarked for energy transition-related investments.
- The Government would specify which new investments are eligible (storage, heat pumps, EVs, etc.)
- An entity like the KfW would manage the fund and issue the payouts to eligible customers.