marktprämienverfahren

Marktprämienverfahren refers to a mechanism used in some energy markets to incentivize the integration of renewable energy sources. It is a system designed to bridge the gap between the cost of generating electricity from renewable sources and the prevailing market price of electricity. The core idea is to provide a premium payment to renewable energy producers on top of the market price they receive for their electricity. This premium aims to make renewable energy generation financially viable and encourage investment in new capacity.

Under a marktprämienverfahren, renewable energy producers sell their electricity directly to the wholesale market. They then receive two components for their output: the market price achieved for the electricity sold, and a supplementary payment, the "Marktprämie" or market premium. This premium is typically calculated as the difference between a predetermined support level, reflecting the cost of the renewable technology, and the average market price over a specific period. This structure exposes producers to market price fluctuations, encouraging them to manage their generation and sales efficiently.

The objective of the marktprämienverfahren is to align the economic interests of renewable energy producers with market signals, promoting cost-effectiveness and integration into the broader energy system. It differs from older feed-in tariff systems, which guaranteed a fixed price for renewable electricity regardless of market conditions. By linking support to market prices, the marktprämienverfahren aims to foster competition and reduce the overall cost of renewable energy deployment over time. The specific design and implementation of marktprämienverfahren can vary across different countries and jurisdictions.