What is market premium in SAP IS-U-LIB-DE-GF - SAP Intercompany Data Exchange for German Energy Feed?

SAP Term: market premium

• Component: IS-U-LIB-DE-GF

• Component Name: SAP Intercompany Data Exchange for German Energy Feed

• Description: As defined by the Renewable Energy Sources Act EEG, a payment made to generators of electricity from renewable energy sources or from mine gas that market the electricity directly at third parties or at the energy exchange. The amount of the market premium is essentially calculated from the difference between the amount of the full tariff payment obligation to be applied in accordance with the EEG and the average stock market price for electricity, which is calculated on a monthly basis.

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• Key Concepts: 
  Market premium is a component of the SAP Intercompany Data Exchange for German Energy Feed-in Tariffs (IS-U-LIB-DE-GF). It is a payment made to energy producers for the electricity they generate from renewable sources. This payment is intended to incentivize the production of renewable energy and encourage investment in renewable energy sources. 
  
  How to use it: 
  The market premium component of IS-U-LIB-DE-GF allows energy producers to receive payments for the electricity they generate from renewable sources. This payment is calculated based on the amount of electricity generated and the current market price for renewable energy. The payment is then transferred to the energy producer's bank account. 
  
  Tips & Tricks: 
  When using the market premium component of IS-U-LIB-DE-GF, it is important to ensure that all calculations are accurate and up to date. This will ensure that energy producers receive the correct payment for their electricity generation. Additionally, it is important to keep track of any changes in market prices for renewable energy, as this will affect the amount of payment received by energy producers. 
  
  Related Information: 
  The market premium component of IS-U-LIB-DE-GF is part of a larger system known as SAP Energy Data Management (EDM). EDM provides a comprehensive solution for managing and analyzing energy data, including data related to renewable energy sources. Additionally, EDM provides tools for forecasting future energy demand and optimizing energy production and consumption.