Analysts Say Germany's Renewables Amendment Won't End Rising Energy Costs

摘要

While German industry leaders and wind energy representatives were largely satisfied with the amendment to the law governing Germany's transition to green energy adopted April 8 by the country's Cabinet, environmental groups and analysts said it would do little to rein in rising energy costs and could scare off small investors. The German government adopted the far-reaching amendment to the Renewable Energy Sources Act (EEG) in a bid to curb rising energy prices and create a more "market-oriented" approach to the expansion of green energy. But compromises hammered out during negotiations among federal states, representatives from the renewable energy sector, energy-intensive industry and the government watered down some of the tougher proposals.