German cabinet puts brakes on clean energy transition #DEU

The German federal cabinet has agreed to new rules governing how electricity from renewable sources will be compensated in the future. The new rules amount to a major reform of the Renewable Energy Law of 2000 (EEG in German). That law established Germany’s aggressive feed-in tariff subsidy system, under which electricity transmission utilities were required to buy power offered by any wind or solar electricity generator, at a “tariff” or flat rate per kilowatt-hour, guaranteed over a 20-year contract. The . . .

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