The below figure depicts the evolution of average feed-in tariffs between 2003 and 2014. In the same figure, we have also plotted the development of the market price, which has been on a downwards trend since 2011.
The average feed-in tariffs are the overall support paid out per generation technology divided by the supported volumes. Calculations include any mark-ups that applied.
The trend for the past years continues in 2014 and is expected to continue in this line in future. The only average feed-in tariff that has significantly fallen is that for PV. The initial tariff for PV support was very high, new PV plants receive considerably lower rates.
Wind power shows a development in the opposite direction, with rising average feed-in tariffs. These are due to increased construction activity for this technology and a feed-in tariff for new plant that is significantly above the average.
Plants that run on biomass or biogas are being built hesitantly or not at all, which is why we expect the average feed-in tariff for these technologies to go sideways.
For small hydropower, the average feed-in tariff might even contract a little further. Several plants are selling their electricity to the green power settlement responsible OeMAG at the (sinking) market price.