German parliament approves renewables support

Germany's Bundestag, the lower house of parliament, has given final approval to revised rules on financial support for renewable energy (EED 06/11/03). Under the revised EEG law subsidies for offshore wind farms, solar power and biomass will increase, while those for inland and coastal wind farms will decrease. The government hopes the subsidies will help renewables account for 20% of total electricity consumption by 2020. The law increases the number of energy-intensive firms that will be spared the full effect of energy price hikes caused by the subsidies. See press release.

The full text of this article is only available to subscribers and free trialists. To login,please enter your email address and subscriber access code below.

Not a subscriber or free trialist? Why not take a free 14 day trial or subscribe today!

Having trouble logging in? Please contact our helpdesk

Back to top Back to top