bersicht-der-wichtigsten-regulierungsbereiche-0b2416a4d83921a5.pdf

This executive summary by the Climate Policy Initiative examines the relationship between regulation and capital availability for renewable energy expansion in Germany. It argues that while sufficient capital exists to meet government targets, a specific mix of investors and improved system flexibility are required to ensure cost-efficiency. The document provides policy recommendations across several regulatory areas, including auction design, funding mechanisms, and energy market structures, to reduce investor risk and lower electricity generation costs.

• The availability of sufficient capital to meet the German government's expansion targets depends on an appropriate political framework and the correct mix of different investors to ensure cost-effectiveness.
• Auction design significantly impacts costs and investor diversity; specifically, a 12-month delay between auction rounds can increase bid prices by 21%. To maintain a diverse range of actors, simplified bidding processes or de minimis rules are necessary for small projects to mitigate complexity and transaction costs.
• Funding mechanisms influence credit ratios and generation costs. Reducing the funding period from 20 to 15 years could increase bid prices by 15-18%, whereas inflation-indexed funding could attract institutional investors and lower bid prices by 18-20%.
• End consumers are a critical source of equity; they provided more than 25% of equity investments in 2015 and are projected to provide 50% of the equity investment potential by 2020.
• Current energy market designs are not suited for systems dominated by renewable electricity, potentially leading to over 1,000 hours of negative electricity prices by 2030. Without flexibility mechanisms, current rules regarding funding reductions during negative prices could increase bid prices for onshore wind plants by 17% by 2020.
• Long-term expansion targets reduce generation costs by encouraging project development and process optimization. For example, between 2006 and 2014, ancillary costs for photovoltaic systems fell by 11.5% per year for ground-mounted systems and 7.7% per year for roof installations.

APA

Climate Policy Initiative (n.d.). bersicht-der-wichtigsten-regulierungsbereiche-0b2416a4d83921a5.pdf. https://www.climatepolicyinitiative.org/wp-content/uploads/2016/04/Übersicht-der-wichtigsten-Regulierungsbereiche.pdf

Chicago

Climate Policy Initiative. bersicht-der-wichtigsten-regulierungsbereiche-0b2416a4d83921a5.pdf. n.d. https://www.climatepolicyinitiative.org/wp-content/uploads/2016/04/Übersicht-der-wichtigsten-Regulierungsbereiche.pdf.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=bersicht-der-wichtigsten-regulierungsbereiche-0b2416a4d83921a5.pdf |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2016/04/Übersicht-der-wichtigsten-Regulierungsbereiche.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiativendbersichtderwichtigstenregulierungsbereiche0b2416a4d83921a5pdf, author = {{Climate Policy Initiative}}, title = {{bersicht-der-wichtigsten-regulierungsbereiche-0b2416a4d83921a5.pdf}}, institution = {Climate Policy Initiative}, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2016/04/Übersicht-der-wichtigsten-Regulierungsbereiche.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }