Entries tagged with "Nuclear"

Renewable Energy Act (EEG)

This law is the basis for Germany’s Energiewende and specifies 1. priority dispatch for renewable power and 2. floor price for that electricity. The resulting high level of investment security and the lack of red tape are the main reasons why the EEG has brought down the cost of renewables.

Merit order

Merit order indicates the order in which power is bought from power plants on the market. The merit order means that the most expensive plants currently producing determines the price of power on the power exchange.