What is EEG installation ID in SAP IS-U-EEG - Compensation billing according to German EEG Law?

SAP Term: EEG installation ID

• Component: IS-U-EEG

• Component Name: Compensation billing according to German EEG Law

• Description: Unique ID of an installation for renewable energy which is automatically generated according to legal requirements. The EEG installation ID corresponds to the external ID of the generating unit.

Smart SAP Assistant

• Key Concepts: 
  The EEG installation ID is a unique identifier assigned to each energy-producing installation in Germany that is subject to the German Renewable Energy Sources Act (EEG). This ID is used to identify the installation and its associated energy production for the purpose of calculating and billing EEG compensation payments. 
  
  How to use it: 
  The EEG installation ID is used by energy suppliers, grid operators, and other stakeholders in the German energy market to identify installations that are eligible for EEG compensation payments. This ID is also used to track the energy production of each installation and calculate the amount of compensation payments due. 
  
  Tips & Tricks: 
  When registering an installation for EEG compensation payments, it is important to ensure that the correct EEG installation ID is provided. This will ensure that the correct amount of compensation payments are calculated and billed. 
  
  Related Information: 
  The EEG installation ID is managed by the German Federal Network Agency (Bundesnetzagentur). Further information about the EEG installation ID can be found on their website.